Thursday, 18 December 2014
Last updated 16 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).
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.