Hedge Funds Up 1.45% In Early Jan.

Jan 23 2013 | 11:12am ET

Hedge funds are off to a strong start in 2013, although, as throughout last year, they still trail the broader markets.

Hedge Fund Research's HFRX Global Hedge Fund Index rose 1.45% through Jan. 17. The benchmark, which is lagging the Standard & Poor's 500 Index, was up 3.51% last year.

Most of the suite's strategy benchmarks were up in the first half of the month. Master-limited partnerships were up 4.57% in the early going, followed by special situations at 2.64%, fundamental value at 2.21% and event-driven at 2.2%.

Equity hedge funds were up 1.82%, relative-value arbitrage funds 1.55%, credit funds 1.16%, convertible arbitrage funds 0.82%, merger arbitrage funds 0.39% and macro funds and commodity trading advisers 0.03%.

Two strategies lost ground: systematic diversified CTAs, down 0.33%, and equity market neutral, down 0.27%.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note