Wednesday, 23 July 2014
Last updated 1 hour ago
Oct 23 2012 | 8:27am ET
Hedge funds ended September on a positive note, up 1.04% as measured by the Dow Jones Credit Suisse Hedge Fund Index.
Eight of the 10 strategies tracked by the index ended the month in positive territory.
Both event-driven funds and long/short equity funds generated positive performance in September: the former thanks to a demand-driven rally in the credit and equity markets, the latter thanks to the performance of large-cap banks as well as consumer discretionary and healthcare plays. September was the fourth consecutive positive month for long/short funds.
Outflows for the month totaled an estimated $1.5 billion, bringing overall assets under management in the industry to about $1.7 trillion.
The most popular strategies—measured by the assets they attracted during the month—were fixed-income arbitrage and equity market neutral, which saw inflows equal to 0.95% and 0.71%, respectively, of their August 2012 levels.
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…