Thursday, 24 July 2014
Last updated 1 hour ago
Dec 15 2011 | 1:24pm ET
The Dow Jones Credit Suisse Hedge Fund Index was down 0.79% in November 2011, putting it down 2.31% YTD.
Only three strategies tracked by the index ended the month in the black, and those just barely. They were fixed income arbitrage, up 0.50% in November (and 4.29% YTD); managed futures, up 0.18% in November (down 4.94% YTD); and equity market neutral, up 0.09% in November (and 5.00% YTD).
The biggest loser in November was emerging markets, down 2.69% (and 6.03% YTD), followed by long/short equity, down 1.48% in November (and 6.48% YTD); and distressed, down 1.20% in November (and 4.19% YTD).
Also in the red were convertible arbitrage (down 0.60% for the month), dedicated short bias (down 0.17%), event driven (down 1.05%), event driven multi-strategy (down 0.97%), risk arbitrage (down 0.27%), global macro (down 0.03%) and multi-strategy (down 0.89%).
Year to date, the worst performing strategies, according to the Dow Jones Credit Suisse Index, are event driven multi-strategy (down 10.85%), event driven (down 8.35%) and long/short equity (down 6.48%, as noted above).
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…