Monday, 28 July 2014
Last updated 3 hours ago
May 16 2012 | 7:37am ET
The RBC Hedge 250 Index was down 0.04% in April, bringing its year-to-date return to a positive 3.37%.
Managed futures funds provided the only bright light in April, with gains of 2.13%, bringing their YTD returns to 0.05%.
All other strategies were flat or negative for the month, with the worst performances delivered by macro strategies (down 0.71% on the month, although up 0.56% YTD)mergers and special situations funds (down 0.60% on the month, but up 5.97% YTD) and equity market neutral funds (down 0.51% on the month, but up 1.09% YTD).
All strategies are in the black, YTD, led by convertible arbitrage funds, up 6.89% and fixed income arbitrage funds, up 6.21%.
The index, compiled by RBC Capital Markets is a non-investable benchmark of the performance of the hedge fund industry based on a universe of 4,175 single-manager hedge funds with aggregate assets under management of about $1 trillion.
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…