Thursday, 28 August 2014
Last updated 2 hours ago
Feb 14 2013 | 12:54pm ET
Hedge funds advanced 2.69% in January, according to the Hennessee Hedge Fund Index.
“Hedge funds performed well in January, capturing a significant portion of the market upside,” said the Hennessee Group's Lee Hennessee. “Recent performance reflects a shift away from a market driven by macro news flow and towards a market driven by fundamentals. This shift should benefit hedge fund managers.”
Of the 22 Hennessee strategy indices reporting, only one—short-biased—lost ground in a month that saw the Standard & Poor's 500 Index rise by more than 5%. Short-biased funds lost an average of 3.22% on the month.
Asia-Pacific funds did best in January, jumping 5.32%. It was the only strategy, however, to top the S&P. Financial equities funds rose 4.59% on the month, Europe funds 4.44%, international funds 4.21%, macro funds 3.9%, value funds 3.79% and Latin America funds 3.72%.
Emerging markets funds added 2.93%, event-driven funds 1.79%, fixed-income funds 1.6%, convertible arbitrage funds 1.34%, market neutral funds 1.27%, distressed funds 1.21% and merger arbitrage funds 0.64%.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...