Monday, 26 January 2015
Last updated 2 days 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…