Thursday, 28 May 2015
Last updated 2 hours 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).
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…