RBC Hedge Fund Index Gains 1.29% In October

Nov 17 2011 | 7:44am ET

The RBC Hedge 250 Index added an estimated 1.29% in October 2011, putting its year-to-date return at minus 2.22%.

The gain marks a return to the black for the index which lost 2.04% in September.
 
The Royal Bank of Canada index is non-investable and based upon a universe of 4,219 hedge funds (excluding funds of hedge funds) with aggregate assets under management of $1.047 trillion.

The best performing strategies in October were convertible arbitrage, up 3.83%; mergers and special situations, up 3.65%; and equity long/short, up 3.26%.

Equity market neutral funds gained 1.93%, multi-strategy funds were up 1.44% and credit funds up 0.88%.

October’s only losers were managed futures, down 3.77%; fixed income arbitrage, down 0.98%; and macro, down 0.49%


In Depth

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

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

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

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