Saturday, 28 March 2015
Last updated 13 hours ago
Oct 15 2012 | 11:15am ET
The Dow Jones Credit Suisse Hedge Fund Index gained 1.04% for the month of September, putting it up 5.61% year to date.
The gains were led by emerging markets funds, which were up 2.21% for the month (0.02% YTD); followed by distressed debt funds, up 1.78% for the month (and 8.28% YTD); and event-driven multi-strategy funds, up 1.62% for the month (6.70% YTD).
Also posting gains in September were long/short equity funds, up 1.57% in September (up 5.97% YTD); fixed-income arbitrage funds, up 1.26% for September (up 8.82% YTD); multi-strategy funds, up 0.80% on the month (8.23% YTD); global macro funds, up 0.60% on the month (3.28% YTD); equity market neutral funds, up 0.56% for the month (0.02% YTD); and convertible arbitrage funds, up 0.40% (5.86% YTD).
There were only two losing strategies in the index this month, dedicated short bias funds, down 3.78% for the month (and down 17.56% YTD); and managed futures funds, down 1.37% for the month (but up 0.12% YTD).
The Hermitage Fund was dropped from the Dow Jones Credit Suisse Hedge Fund Index in September.
The Dow Jones Credit Suisse Hedge Fund Index is an asset-weighted benchmark that seeks to measure hedge fund performance and provide the most accurate representation of the hedge fund universe.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…