Sunday, 28 December 2014
Last updated 3 days ago
May 12 2011 | 12:47pm ET
Mediocre performance has not dimmed investor interest in hedge funds, according to early estimates from HedgeFund.net.
Hedge funds took in $14.2 billion in new money in April, a slight increase from March but well ahead of last year's core growth rate. Including performance gains, hedge fund assets rose to $2.607 trillion last month.
Whether that confidence on the part of investors will be borne out remains to be seen: The average hedge fund has returned just a fraction of the Standard & Poor's 500 Index's more than 9% rise this year.
For its part, HFN said that the average hedge fund returned about 2.05% last month, among the highest returns of any broad hedge fund index for April, and is up 3.45% on the year. Commodity strategies were the best place to be, rising 4.92% on the month, although much of that gain was likely wiped out by last week's oil price plunge.
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.