Tuesday, 22 July 2014
Last updated 4 hours ago
Aug 2 2012 | 12:56pm ET
Hedge funds got on track in July, rising almost 1% after a disappointing second-quarter, according to a hedge fund replication index.
The average hedge fund rose 0.96% in July, according to the Credit Suisse Liquid Alternative Beta Index. The same benchmark, however, suggested an optimistic 1.4% return for the industry in June.
The LAB index is now up 1.93% on the year, with all five of its strategy indices posting gains last month. Managed futures rose 1.32% (down 3.93% YTD), event-driven 1.16% (5.92% YTD), global strategies 0.99% (0.32% YTD), long/short 0.57% (1.77% YTD) and merger arbitrage 0.44% (down 2.07% 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…