Friday, 28 November 2014
Last updated 3 hours ago
Feb 3 2012 | 12:28am ET
Hedge funds got off on the right foot—to an extent—in 2012, posting gains for January, according to a set of industry replication indices.
The Credit Suisse Liquid Alternative Beta Index rose 1.34% last month. Of course, the LAB indices needed a good start less than other hedge fund benchmarks: The LAB index fell just 0.06% last year, which many indices showed was the second-worst year ever for hedge funds.
There's a further caveat to January's good news: Hedge funds still appear to be missing out on much of the upside to be found in stocks. The Standard & Poor's 500 Index rose by more than 4% last month.
Four of the five strategies tracked by the LAB indices posted gains, led by long/short, which rose 2.57%, and event-driven, which added 2.14%. Global strategies rose 0.59% and merger arbitrage 0.49%, while managed futures lost 0.27% on the month.
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...