Wednesday, 23 July 2014
Last updated 5 hours ago
Dec 6 2010 | 4:22am ET
Hedge funds suffered their worst month since May's "flash crash" in November, according to the Bloomberg Aggregate Hedge Fund Index.
The average hedge fund lost 1.5% last month as stocks declined amid fears about European debt. The Bloomberg Index is up just 3.8% this year, a far cry from last year's double-digit returns.
Asset-backed securities funds really took it on the chin in November, dropping 5.2%. Still, investors can take heart in a 15% return with just one month of the year to go.
Mergers and acquisitions funds shed 2.3% last month (up 0.2% year-to-date). Long/short equity funds dropped 1.6% (up 6.1% YTD), while multi-strategy funds lost 1.5% (up 1.7% YTD). Macro funds lost an average of 1.1% (up 2.1% YTD).
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…