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

Change In 'Accredited Investor' Definition Could Hurt Crowdfunding Space

Jul 25 2014 | 8:14am ET

The Securities and Exchange Commission is considering changes to its 30-year-old...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

The Truth About Track Record Portability

Jul 24 2014 | 5:55am ET

The number of private funds converting to mutual funds has increased significantly...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    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…

Publisher's Note