Wednesday, 1 October 2014
Last updated 13 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).
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...