Tuesday, 29 July 2014
Last updated 19 hours ago
Sep 18 2012 | 9:25am ET
Hedge funds were up 0.61% in August for a year-to-date gain of 3.15%, according to the Eurekahedge Hedge Fund Index.
CTA strategies produced the only red ink for the month, losing 0.50% (up 1.46% YTD). All other strategies tracked by Eurekahedge ended August with gains, led by distressed debt funds, up 2.08% (5.82% YTD); event-driven funds, up 1.87% (4.55% YTD); and relative value funds, up 1.08% (7.33% YTD).
Abitrage funds were up 0.71% (4.62% YTD); fixed-income funds were up 0.93% (5.86% YTD); long/short equities strategies were up 0.87% (2.84% YTD); macro funds up 0.61% (1.80%) and multi-strategy funds up 0.64% (3.75% YTD).
Among the regional strategies, the only losers were Japan funds, down 0.74% in August (and down 0.64% YTD). North American funds were up 0.99% for the month (4.56% YTD); European funds were up 0.58% (3.12% YTD); Eastern European funds were up 0.59% (0.27% YTD); emerging markets funds were up 0.78% (3.55% YTD); Asia ex-Japan funds were up 0.69% (2.22% YTD); and Latin American funds were up 1.01% for August (6.99% YTD).
Funds of funds were down 0.54% in August, although they're up 2.19% YTD
Relative-value funds now account for assets under management worth US$60 billion while CTA/managed futures funds have now witnessed six months' of negative asset flows, losing US$16 billion between February and August 2012.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…