Friday, 25 July 2014
Last updated 16 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%.
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…