Monday, 22 December 2014
Last updated 18 min ago
Feb 10 2011 | 4:54am ET
Hedge funds welcomed the new year with positive returns, according to a pair of industry indices.
The average fund returned 0.48% according to the AR Indices, which focuses on the Americas, while globally, things were somewhat more muted. The HedgeFund Intelligence Global Composite Index added just 0.28%.
As that figure suggests, returns were very mixed globally. Equity and event-driven hedge funds were both up in January, by 0.24% and 0.75%, respectively. But managed futures, macro and emerging markets funds were not so lucky. Emerging market stock funds dropped 1.17% and debt funds shed 1.03%.
Things were also mixed in the New World, although things were somewhat brighter. Mortgage-backed securities funds in the region rose 2.81%, followed by distressed funds at 2.5% and commodities funds at 2.36%. On the other side of the ledger, Latin American stock funds declined 1.06%, macro funds 0.39% and managed futures funds 0.38%.
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.