Wednesday, 26 November 2014
Last updated 11 hours ago
Jan 4 2013 | 10:39am ET
Hedge funds limped to a disappointing finish in 2012, returning less than 7%, according to an industry replication index.
IndexIQ's IQ Hedge Composite Beta Index rose 0.43% last month to reach the figure. Six of its seven strategy benchmarks were also in the black, but none exceeded the return for the Standard & Poor's 500 Index last year, 16%.
The best among them was the Long/Short Beta Index, which ended 2012 up 11.01% (0.32% in December). Fixed-income arbitrage followed at 9.08% (0.81% in Dec.).
Event-driven funds returned an average of 7.22% last year (0.68% in Dec.), emerging markets funds 7.16% (1.7% in Dec.), global macro funds 3.94% (down 2.02% in Dec.) and market-neutral funds 3.16% (0.97% in Dec.).
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...