Wednesday, 17 September 2014
Last updated 8 hours ago
Apr 17 2007 | 4:20pm ET
Emerging markets funds paced hedge fund returns in March, according to data from Hedge Fund Research.
The firm’s HFRI Indices showed that last year’s hot strategy, which got off to something of a slow start in 2007, returned 2.17% last month, rising to 5.06% year-to-date. The HFRI Fund Weighted Composite Index, for its part, returned 0.93% on the month (2.81% YTD).
The year’s other top performer so far, merger arbitrage, had a slower month, rising just 0.19%, but remains up 4.83% year-to-date.
Only one of the eight strategies tracked by HFR was in the red last month: macro, which declined marginally by 0.05% and is up just 0.61% year-to-date, by far the worst performance to date in 2007.
Funds of funds also posted a mostly positive month, with the HFRI Fund of Funds Composite Index rising 0.86% in March (2.98% YTD). It’s market defensive subindex fell 0.28% on the month (up 1.14% YTD), while the other three subindices rose between 0.84% and 0.96%.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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