RBC Hedge Fund Index Gains 1.29% In October

Nov 17 2011 | 8:44am 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

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...