Friday, 25 July 2014
Last updated 2 hours ago
Oct 16 2012 | 7:39am ET
The HFRX Global Hedge Fund Index rose 0.39% in September, bringing its year-to-date gains to 2.69%.
Most of the strategies tracked by Hedge Fund Research were in positive territory in September, with equity hedge funds up 0.78% (3.40% YTD); event-driven funds up 0.67% (4.90% YTD); and relative value funds up 0.43% (2.80% YTD). Macro funds and CTAs, on the other hand, were down 0.52% on the month (and down .89% YTD).
Within the broader category of equity hedge, the best performers in September were multi-strategy funds, up 1.47% (2.32% YTD). The best-performing event-driven strategies were activist funds, up 1.32% on the month (7.02% YTD). Although macro/CTA funds were down overall, there were bright spots, including metals funds, which added 7.43% on the month (but are down 1.86% YTD). In the relative-value space, the best performing funds were fixed-income asset-backed strategies, up 2.12% on the month (19.62% YTD).
In terms of regions, the best performers in September (by far) were India funds, up 10.30% (21.90% YTD). The worst performers were multi-region funds, down 0.06% (but up 3.06% YTD).
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…