Monday, 6 July 2015
Last updated 1 hour ago
Jan 11 2013 | 11:34am ET
That most pessimistic of all hedge fund indices has returned its verdict on 2012, and it is predictably bleak.
The Lyxor Hedge Fund Index returned just 3.1% last year. While no hedge fund index has come close to the Standard & Poor's 500 Index's nearly 16% return, most have been in the 5% to 7% range for last year.
Lyxor's December number, a 1.1% return, was more in line with that posted by other industry benchmarks.
Eleven of Lyxor's 14 strategy indices were up last year, led by long/short credit arbitrage (12.1%), long-bias equity (11.2%) and fixed-income arbitrage (10.5%).
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…