Saturday, 20 December 2014
Last updated 18 hours ago
Feb 13 2013 | 12:06pm ET
Canada punches above its weight internationally in a lot of areas. Last year, hedge funds were not among them.
Canadian hedge funds were, on average, the worst in the world in 2012, TrimTabs Investment Research and BarclayHedge report. The average return was a 5.2% loss, while the average hedge fund globally rose 8.5%. The loss came even as Canadian stocks rallied, if not quite as spectacularly as U.S. stocks, with the S&P/TSX Composite Index rising 7.2% last year.
The world's best hedge funds resided on the other side of the world from Toronto: Chinese- and Hong Kong-based funds returned an average of 16.3% last year.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.