Monday, 20 October 2014
Last updated 6 min 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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...