Monday, 6 July 2015
Last updated 1 hour ago
Apr 7 2011 | 11:22am ET
Hedge funds outstripped the S&P 500 during a volatile March, gaining 0.3% according to the Hennessee Group hedge fund advisor.
Japan’s nuclear crisis and upheaval in the Middle East triggered broad selloffs in March, but a rally at month’s end resulted in most of the losses being recouped.
"Many hedge funds were 'whipsawed' as they became more defensive mid-month as risks increased, which resulted in less participation during the late month rebound," Hennessee co-founder Charles Gradante told the Wall Street Journal.
The S&P 500 slipped 0.1%, while the Dow Jones Industrial Average gained 0.76%. The Nasdaq Composite Index edged down 0.04% in March.
The Barclays Aggregate Bond Index rose 0.06% and Barclays High Yield Credit Bond Index added 0.32%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…