Hedge Funds Dip In March

Apr 5 2012 | 1:04pm ET

Following their second-worst year in history, hedge funds posted a positive first quarter.

While the Dow Jones Credit Suisse Core Hedge Fund Index lost ground last month, falling 0.82%, it ended the first quarter up 2.75%. But that badly trails the broader markets: The Standard & Poor's 500 Index rose about 12% in the year's first three months.

Just two of the seven strategies tracked by the Dow Jones Credit Suisse indices were in positive territory for March. Convertible arbitrage funds rose an average of 0.18% (6.09% year-to-date) and fixed-income arbitrage funds 0.05% (1.42% YTD).

On the other side of the ledger, event-driven funds lost 0.02% on the month (up 4.39% YTD), global macro 0.06% (up 2.84% YTD), emerging markets 0.98% (up 2.64% YTD), managed futures 2.11% (down 0.5% YTD, the only strategy in negative territory in the first quarter) and long/short equity 2.54% (up 2.65% YTD).


In Depth

Q&A: Brevan Howard’s Charlotte Valeur Talks Strategy

Sep 18 2014 | 11:18am ET

Charlotte Valeur chairs the board of Brevan Howard Credit Catalysts, an LSE listed...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

September 2014 Cover

The London Whale: Rogue risk management

Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.