Thursday, 31 July 2014
Last updated 16 hours ago
Oct 15 2012 | 1:18pm ET
The RBC Hedge 250 Index had a net return of 0.61% in September bringing its year-to-date returns to 4.52%.
Fixed-income arbitrage funds led the gains, adding 2.11% on the month (and 15.38% YTD); followed by mergers and special situations, up 1.53% on the month (6.68% YTD); and credit funds, up 1.17% on the month (6.26% YTD).
Also rising in September were equity long/short funds, up 1.00% on the month (and up 5.22% YTD); convertible arbitrage funds, up 0.71% on the month (5.14% YTD); multi-strategy funds, up 0.61% on the month (6.39% YTD); and equity market neutral funds, up 0.50% on the month (0.79% YTD).
The only negative performances in September were turned in by managed futures, down 1.38% on the month (and down 1.47% YTD) and macro funds, down 0.14% for September (but up 0.52% YTD).
The RBC Hedge 250 Index is a non-investable benchmark of the performance of the hedge fund industry based currently on a universe of 4,353 single-manager hedge funds with aggregate assets under management of $1.041 trillion.
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…