Monday, 20 October 2014
Last updated 2 days ago
Sep 11 2012 | 8:51am ET
Hedge funds added 0.47% in August, putting them up 3% year to date according to the Eurekahedge Hedge Fund Index.
All strategies tracked by Eurekahedge were in the black in August with the exception of CTA/managed futures funds, which lost 0.63% (although they’re up 1.33% YTD).
The best performers were event-driven funds, up 1.65% in August (4.36% YTD); relative value funds, up 1.14% on the month (7.34% YTD) and distressed debt funds, up 1.07% in August (4.73% YTD).
Broken down by region, the best performers in August were Latin American funds, up 1.09% (7.08% YTD); followed by North American funds, up 1.02% (4.59% YTD). The biggest August losers were Japan hedge funds, down 0.73% (down 0.64% YTD).
Relative value funds have attracted significant assets in 2012; Eurekahedge puts their current assets under management at US$60 billion. CTA/managed futures funds, on the other hand, recorded their sixth consecutive month of outflows, losing US$16 billion since February 2012.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...