Thursday, 28 August 2014
Last updated 6 hours ago
Dec 5 2011 | 12:35pm ET
Hedge funds fell by almost 1% in November, leaving them a long way from break-even on the year, according to one prominent industry index.
The Dow Jones Credit Suisse Core Hedge Fund Index lost 0.95% last month. The benchmark is now down 7.03% on the year with just a month to go.
All but one of the seven strategies tracked by the suite was in the red last month, none more so than convertible arbitrage, which lost 2.35% on the month (down 8.84% year-to-date). Both emerging markets and global macro funds lost an average of 1.43%, the latter now down 10.43% on the year and the former 2.56%.
Long/shore equity funds fell an average of 0.94% (down 5.27% YTD), fixed-income arbitrage funds 0.87% (down 0.86% YTD) and event-driven funds 0.76% (down 11.68% YTD).
Only managed futures funds were in the black last month, rising 0.52%. But they remained down 4.69% thanks to a 5.07% drop in October.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...