Saturday, 23 August 2014
Last updated 19 hours ago
Jan 4 2013 | 1:21pm ET
Hedge funds ended last year strongly, but not nearly strongly enough to avoid a disappointing 2012.
The average hedge fund rose 1.13% last month, according to Credit Suisse's hedge fund replication index. The Credit Suisse Liquid Alternative Beta Index returned just 3.22% last year, with three of its five strategy benchmarks in the red for the year; by contrast, the Standard & Poor's 500 Index returned 16%.
The event-driven LAB index was by far the best performer in 2012, rising 11.22% (1.51% in December). The only other strategy in positive territory for the year was long/short, which ended the year up 4.06% after a 1.42% jump last month.
The losers were managed futures, down 7.95% in 2012 (up 1.64% in Dec.), merger arbitrage, down 2.36% (up 1.21% in Dec.), and global strategies, down 0.08% (up 0.91% in Dec.).
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note