Credit Suisse: Hedge Funds Down 0.58% In June

Jul 6 2011 | 10:08am ET

Hedge funds lost 0.58% in June, according to the Credit Suisse LAB Liquid Indices.

The declines reflect continuing difficulty for global stock markets and “uncertainty regarding Greek debt,” Jordan Drachman, head of alternative beta strategies research at Credit Suisse. The flagship Liquid Alternative Beta Index remains up for the first half despite losing ground in May and June at 3.44%.

All four of the strategies tracked by the suite of indices were in the red, none more so than event-driven, which lost 1.43% (up 3.95% year-to-date). Merger arbitrage funds fell 0.73% on the month (up 4.48% YTD), long/short funds fell 0.36% (up 5.2% YTD) and global strategies funds lost 0.27% (up 2.72% YTD).


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

Concerned About Your HFT Exposure? Hedge It!

Mar 26 2015 | 1:06pm ET

High-frequency trading has been a persistent storyline for several years. The trading...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note