Tuesday, 29 July 2014
Last updated 15 hours 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%.
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…