Saturday, 27 December 2014
Last updated 3 days ago
Aug 3 2012 | 11:17am ET
Hedge funds began the third quarter in the black, according to a widely-followed industry index.
The Dow Jones Credit Suisse Core Hedge Fund Index rose 1.02% last month, not far off the Standard & Poor's 500 Index' 1.26% return. The alternative investments benchmark is now up 1.45% on the year.
All but one of the seven strategies tracked by the indices gained ground last month. Managed futures funds led the way, nearly erasing its June loss with a 3.26% July return (2.91% year-to-date).
Global macro funds rose an average of 1.61% (3.83% YTD), convertible arbitrage funds 1.29% (5.32% YTD) and long/short equity funds 1.18% (down 2.01% YTD). Emerging markets funds added 0.59% (0.41% YTD) and event-driven funds 0.28% (0.96% YTD).
Fixed-income arbitrage funds were the only losers, falling an average of 0.57% last month (up 0.9% YTD).
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.