Wednesday, 26 November 2014
Last updated 15 min 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).
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...