Thursday, 31 July 2014
Last updated 4 hours 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).
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…