Tuesday, 30 June 2015
Last updated 8 hours ago
Jan 5 2012 | 2:10pm ET
A strong December wasn't enough to prevent a losing 2011 for the hedge fund industry, according to one benchmark.
The Credit Suisse Liquid Alternative Beta Index ended last year down 0.06%, despite December's 0.92% surge. Still, three out of the five strategies tracked by the replication indices manages positive returns in 2011.
In spite of a 0.78% decline last month, the merger arbitrage index added 3.14% on the year. Event-driven was up 0.43%, thanks to a 1.76% jump in December, while long/short was up 0.35% after a nearly flat December, down just 0.04%.
Managed futures did not do so well, falling 3.55% on the year after a 0.19% return last month. Global strategies fell 0.28% in 2011, but ended the year on a high note, returning 0.9% in December.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…