RBC Index Drops 1.24% In June

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).


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Why Is The Shipping Industry Underwater?

Jul 31 2014 | 7:31am ET

Anyone who’s taken a look at the global shipping industry recently probably knows...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note