Tuesday, 30 September 2014
Last updated 24 min ago
Aug 8 2012 | 12:04pm ET
Caution cost hedge funds a chance to profit from July's market rally, a major industry index shows.
The Hennessee Hedge Fund Index rose just 0.47% last month, compared to 1.26% for the Standard & Poor's 500 Index. Arbitrage and event-driven funds managed a 0.7% gain, while long/short equity funds had to settle for an average bump of 0.05%.
"July was another choppy month for equity markets and risk assets in general," Hennesse Group's Charles Gradante said. He noted that shorts hurt hedge fund performance in July, making it difficult for managers to increase their short bets.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...