Friday, 22 August 2014
Last updated 6 hours ago
Apr 17 2012 | 8:23am ET
Hedge funds were flat in March, slipping 0.02%, according to Hedge Fund Research’s HFRX Global Hedge Fund Index, for a year-to-date gain of 3.14%.
Among the best-performing equity strategies were technology/healthcare funds, up 1.58% for the month (6.14% year to date); and fundamental value funds, up 0.79% for the month (and 2.31% YTD).
In the event-driven category, the best performers were credit arbitrage strategies, up 0.96% in March (and 3.90% YTD); and multi-strategy, up 0.72% for the month (and 2.98% YTD). In the macro category, commodity: energy funds generated the biggest returns, up 5.50% for March and 7.48% YTD.
The strongest relative value strategy in March was fixed income-asset backed, up 1.56% for the month and 6.63% YTD.
On the flip side, the worst-performers in the equity category were short bias funds, down 2.68% for the month (and down 13.16% YTD); and energy/basic materials funds, down 2.39% for March (and 0.42% YTD).
The only negative event-driven strategy in March was activist, which lost 0.39% for the month but is up 10.84% YTD. The worst-performing macro strategy was commodity: metals, down 8.05% on the month (and 2.23% YTD). Energy infrastructure funds were the worst-performing relative value strategy, down 1.31% in March but up 1.89% YTD.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note