Saturday, 27 December 2014
Last updated 3 days ago
Oct 2 2012 | 1:41pm ET
Hedge fund again trailed the broader markets with just three months left to make up the difference, according to a suite of industry replication indices.
The Credit Suisse Liquid Alternative Beta Index added 0.59% last month, well behind the 2.58% return for the Standard & Poor's 500 Index in September. On the year, it's not even that close: The LAB index is up 2.97%, while the S&P is up in excess of 16%.
Long/short hedge funds did best, the indices show, rising 1.34% (5.06% year-to-date). Event-driven funds added 0.94% (8.1% YTD) and global strategies 0.23% (0.34% YTD). Managed futures fell 1.32% (down 6.59% YTD) and merger arbitrage 0.87% (down 2.94% YTD).
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.