Saturday, 26 July 2014
Last updated 11 hours ago
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%.
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…