Thursday, 2 July 2015
Last updated 58 min ago
Jul 18 2011 | 8:31am ET
The RBC Hedge 250 Index fell 1.24% last month, cutting the benchmark’s year-to-date gain to just 0.57%.
All but one of the nine strategies tracked by RBC Capital Markets lost ground in June, with only fixed-income arbitrage funds posting gains of 0.12% on the month (7.51% year-to-date). Managed futures and mergers and special situations funds were especially hard-hit, according to the preliminary numbers, falling 3.46% (down 5.92% YTD) and 2.37% (up 0.82% YTD), respectively.
Equity long/short funds lost 1.06% on the month (up 1.01% YTD), convertible arbitrage funds 1.03% (up 5.88% YTD), event-driven credit funds 0.89% (up 4.09% YTD), multi-strategy funds 0.7% (up 1.17% YTD) and macro funds 0.66% (down 2.78% YTD).
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…