Thursday, 24 July 2014
Last updated 12 hours ago
Dec 5 2012 | 11:55am ET
Hedge funds bounced back a bit in November, according to one industry tracker.
Hedge Fund Research's HFRX Global Hedge Fund Index nearly made up for October's 0.52% decline with a 0.41% jump in November. The benchmark is up 2.57% on the year, far behind the broader markets with just a month to go in 2012.
Fundamental growth funds added 1.83% last month (4.62% year-to-date). Emerging markets funds rose 1.36% (6.75% YTD), credit funds 1% (6.09% YTD), convertible arbitrage funds 0.93% (6.07% YTD) and special situations 0.92% (3.78% YTD).
Event-driven funds added 0.58% on the month (4.61% YTD), equity hedge funds 0.49% (4.35% YTD), macro funds and commodity trading advisers 0.31% (down 1.64% YTD) and relative value arbitrage funds 0.26% (2.31% YTD).
Just two strategies lost ground in November: Systematic diversified CTAs, which fell another 0.61% to extend their worst-of-the-year loss to 8.18%, and master-limited partnership funds, which lost 0.14% (up 5.25% 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…