Hedge Funds Lose 0.15% In October

Nov 16 2012 | 8:36am ET

Hedge funds slipped 0.15% in October, putting their year-to-date gains at 4.32%, according to the RBC Hedge 250 Index.

Of the nine strategie tracked by RBC, three ended the month in the red, led by managed futures, down 1.83%; macro strategies, down 1.36%; and equity long/short funds, down 0.14%.

The big winners in October were merger arbitrage funds, up 2.11%. These were followed by credit strategies, up 0.88%; mergers and special situations funds, up 0.60%; fixed-income arbitrage, up 1.30%  equity market neutral, up 0.35%; and multi-strategy, up 0.26%.

The RBC Hedge 250 Index is a non-investable benchmark of the performance of the hedge fund industry based on a universe of 4,314 hedge funds (excluding funds of hedge funds) with aggregate assets under management of $1.054 trillion.
 


In Depth

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    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…

Publisher's Note