Thursday, 26 November 2015
Last updated 18 hours ago
Sep 14 2012 | 11:10am ET
Hedge funds added 1.06% in August, bringing their year-to-date gains to 3.81%, according to the RBC Hedge 250 Index.
Leading the pack for the month were fixed-income arbitrage funds, adding 2.02% (12.80% YTD); followed by mergers and special situations, up 1.82% (5.08% YTD); and equity long short funds, up 1.57% (4.12% YTD).
The only red ink in the August index was generated by managed futures funds, down 0.86% (down 0.48% YTD).
The index is a non-investable industry benchmark based on a universe of 4,257 hedge funds with aggregated assets under management of $1.032 trillion.
The return for July 2012 has been finalized at 0.75%.
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…