Sunday, 27 July 2014
Last updated 2 days ago
Jul 17 2007 | 11:17am ET
Emerging markets and managed futures strategies had the strongest second quarter among hedge funds, according to Morningstar, as the average hedge fund returned 5.25% over the past three months.
Emerging markets added 9.7% in the second quarter. “China funds fueled strong performance, recovering from the market setback in late February,” Morningstar said. “Solid energy markets in Russia and Brazil bolstered returns for many of the emerging markets funds.”
For their part, managed futures funds posted a mean return of 6.82%, led by trend-following strategies. Equity net-long funds returned 5.84% on the quarter, equity variable 4.87%, event-driven 4.82% and merger arbitrage 3.45%.
The data provider noted that hedge funds slightly underperformed the Standard & Poor’s 500, which added 5.81% during the quarter. But the 8,000 hedge funds in the Morningstar database on average have exceed the S&P500 year-to-date, 7.77% to 6.96%.
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…