Tuesday, 22 July 2014
Last updated 1 hour ago
Feb 7 2013 | 10:17am ET
Hedge funds were essentially flat in January, according to an industry replication benchmark.
IndexIQ's IQ Hedge Composite Beta Index rose just 0.1% to open 2013, far shy of both the consensus among industry indices for the month and of the Standard & Poor's 500 Index, which rose 5.1% on the month. The suite of beta-replication indices also shows a much more mixed month for hedge fund strategies than many of its counterparts.
Long/short funds rose an average 1.77% last month, the numbers show, followed by fixed-income arbitrage funds at 0.45% and market-neutral funds at 0.35%. But there were as many losers as winners, with global macro funds shedding an average 1.18%, emerging markets funds 0.68% and event-driven funds 0.09%.
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…