Friday, 25 July 2014
Last updated 4 hours ago
Jul 10 2012 | 9:37am ET
Hedge funds eked out a 0.05% gain for the month of June to end the first half up 1.7%, according to the HFRI Fund Weighted Composite Index.
The best performers included an equity hedge strategy—quantitative directional funds, up 1.81% for the month (and 4.64% year to date); and two relative value strategies—yield alternatives funds, up 1.50% for the month (2.46% YTD), and fixed income-asset backed funds, up 1.12% for the month (7.24% YTD).
The worst-performing strategies in June were equity hedge short bias, down 3.03% for the month (and 8.29% YTD); and macro systematic diversified funds, down 2.99% for the month (and 0.59% YTD).
All the emerging markets strategies followed by HFR ended June in the black, with an overall gain of 0.58%. Russia/Eastern Europe funds generated the best monthly returns at 1.56% (but are down 2.35% YTD).
Funds of funds lost ground in June, ending the month down 0.50% (although they are up 0.99% YTD).
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…