Friday, 31 July 2015
Last updated 7 hours ago
Apr 20 2011 | 1:10pm ET
Canadian hedge funds did no better—nor worse—than their global counterparts in March.
The average Canadian fund lost 0.09% last month on an asset-weighted basis, the Scotia Canadian Hedge Fund Performance Index shows. The benchmark is up 1.09% on the year, about half the returns posted by global indices for the first quarter, and well behind both the Canadian and U.S. stock markets, which are up in excess of 5%.
On an equal-weighted basis, things are even more grim: That index lost 0.7% in March and is up just 0.83% through the first three months of the year.
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…