Monday, 22 December 2014
Last updated 17 hours ago
Apr 12 2011 | 4:03pm ET
Hedge funds were essentially flat in March, according to a new report from HedgeFund.net.
The HFN Hedge Fund Aggregate Index rose just 0.06% last month, in line with the Standard & Poor’s 500 Index. The hedge fund benchmark is up 1.37% through the first quarter, while the S&P is up almost 6%.
Emerging markets were the place to be in March, rising an average of 2.65% (1.58% year-to-date). In particular, hedge funds focused on India, Brazil and Latin America surged, rising 6.67% (down 6.76% YTD), 2.94% (1.05% YTD) and 2.58% (0.87% YTD), respectively. Japan-focused funds fell 4.8% (down 0.98% YTD) in the wake of the massive earthquake and tsunami that devastated the country’s northern coast on March 11.
Other strategies were decidedly mixed last month: Energy sector funds rose 1.69% (6.44 YTD), while short-bias funds tumbled 2.06% (down 5.56% YTD). Major strategies such as long/short equity and distressed debt were essentially flat, the former dropping 0.1% (up 1.28% YTD) and the latter rising 0.03% (2.97% YTD).
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.