Wednesday, 25 November 2015
Last updated 13 hours ago
Aug 7 2012 | 11:27am ET
Managed futures and credit strategies posted strong returns in July according to hedge fund industry estimates released by eVestment|HFN.
CTA/managed futures strategies returned 2.44% in July and credit strategies 1.46%, compared to a 0.7% median return for all hedge funds. Year to date, managed futures are up 1.45% and credit strategies 6.35% compared to a 3.1% gain for hedge funds overall. The S&P 500 index, by way of comparison, was up 1.4% in July and 11.0% YTD.
eVestment|HFN attributes the strong performance by managed futures strategies to the return of trending U.S. dollar strength and the drought-induced spike in grain prices.
Hedge fund assets stood at $2.5 trillion at the end of June, having fallen for four consecutive months.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…