Saturday, 29 August 2015
Last updated 1 day ago
Feb 8 2012 | 1:37pm ET
Stocks had their best January in almost 20 years last month. Hedge funds cannot say the same.
The average hedge fund rose 0.2% last month, the Bloomberg Aggregate Hedge Fund Index shows. The benchmark was down 4.9% last year.
The Bloomberg measure is somewhat pessimistic; most industry indices show average January returns of about 1.5%. The Standard & Poor's 500 Index rose more than 4% on the month.
Long/short equity funds rose 1.6% in January. Macro funds added 1.1% and multi-strategy funds 0.9%.
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…