Americas Outperform The Rest Of The Hedge Fund World In Jan.

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%.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

When Less is More: The Case for Concentrated Equity Strategies

Jun 1 2015 | 7:59am ET

The conventional wisdom is that wide diversification is the “holy grail,” as...

 

Sponsored Content

Editor's Note