Friday, 3 July 2015
Last updated 11 hours ago
Aug 9 2012 | 1:39pm ET
Hedges funds are up 1.5% this year—almost entirely in July.
The Lyxor Hedge Fund Index returned 1.08% last month. All but two of the 14 strategies tracked by the family of benchmarks were in the black in July, notably long-term commodity trading advisors and long/short equity statistical arbitrage, up 3.2% and 2.1%, respectively.
Equity-market neutral funds rose 1.8% on the month and short-term CTAs and long-bias funds both rose 1.2%. Convertible arbitrage funds added 1.1%, long/short credit 0.8%, special situations 0.3% and fixed-income arbitrage 0.2%.
Merger arbitrage funds, however, fell 0.3%, and distressed managers lost 0.2%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…