Monday, 29 December 2014
Last updated 10 hours ago
Apr 3 2012 | 1:23pm ET
The first quarter came in like a lamb for hedge funds, but went out somewhat more fiercely than the industry would have liked.
After two mostly positive months, all hedge fund strategies lost ground in March, according to the Credit Suisse Liquid Alternative Beta indices. The overall index dropped 0.83%, cutting its year-to-date gain to 2.21%.
By contrast, the Standard & Poor's 500 Index rose about 3% and is up more than 10% on the year.
Managed futures funds were hardest hit on the month, dropping 1.41% to wipe out its 2012 gains. The strategy is down 0.79% on the year.
Event-driven funds shed 1.18% (up 3.11% YTD), global strategies lost 0.9% (up 1.04% YTD), merger arbitrage lost 0.35% (up 0.26% YTD) and long/short funds fell 0.12% (up 4.76% YTD).
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.