Thursday, 21 August 2014
Last updated 8 hours ago
May 3 2012 | 12:56am ET
Hedge funds suffered their second consecutive down month in April, with most strategies following the broader markets into the red.
The Credit Suisse Liquid Alternative Beta Index fell 0.27% last month, cutting its year-to-date gain to 1.94%. The benchmark fell 0.83% in March.
Just one of the six strategies tracked by the suite of indices ended April in positive territory: event-driven, which added 0.73% (3.86% year-to-date). For the rest, the LAB indices were grim reading, indeed.
Merger arbitrage funds fell an average of 0.27% (down 0.01% YTD), global strategies 0.43% (up 0.6% YTD), long/short funds 1.07% (up 3.63% YTD) and managed futures 1.21% (down 1.99% YTD).
By contrast, the Standard & Poor’s 500 Index fell about 0.5% in April.
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