Hedge Funds Add 1.1% In Jan.

Feb 4 2013 | 5:00pm ET

Hedge funds spent all of last year trailing the broader markets, and have opened the new year doing the same.

The Credit Suisse Liquid Alternative Beta Index rose 1.1% in January. But the Standard & Poor's 500 Index added 5.1%, continuing the story of 2012, when the LAB index rose just 3.22% to the S&P500's 16%.

Merger arbitrage funds were tops last month with a 2.31% return, followed by managed futures funds, which were beaten down in 2012 but added 2.19%  in January. Event-driven funds rose an average of 1.6% and global strategies 1.45%.

Long/short funds actually lost ground on average, according to the LAB indices, falling 0.94%.


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...