RBC Hedge 250 Index Adds 0.36% In March

Apr 16 2012 | 7:56am ET

RBC Capital Markets says its hedge fund index—the RBC Hedge 250 Index—had an estimated net return of 0.36% in March, bringing its year-to-date return to 3.35%.

The return for February 2012 has been finalized at 1.27%.

Fixed-income arbitrage funds were the best performers in March, adding 1.40% (up 5.27% YTD). Next best were credit hedge funds, up 0.89% (3.89% YTD); followed by multi-strategy funds, up 0.71% (4.26% YTD); and equity long/short funds, up 0.62% (for a YTD gain of 4.58%).

Convertible arbitrage funds were up 0.44% for the month, but 6.85% YTD—the highest YTD total, followed by mergers and special situations, which were up 0.61% in March and 6.48% YTD.

The biggest losers for the month were managed futures strategies, down 1.13% (for a YTD loss of 2.36%); followed by equity market neutral funds, down 0.58% for March (but up 1.47% YTD). Macro funds also lost grown in March, down 0.16% (but up 1.15% YTD).

The index is a non-investable benchmark of the performance of the hedge fund industry based on a universe of 4,138 hedge funds (excluding funds of hedge funds) with aggregate assets under management of $990 billion.

 


In Depth

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note