Thursday, 28 May 2015
Last updated 4 hours ago
Feb 19 2013 | 9:03am ET
Hedge funds returned 1.62% last month, according to RBC Capital Markets' industry benchmark.
All strategies tracked by the RBC Hedge 250 Index gained ground in January, with the exception of macro, which fell 0.29%. Mergers and special situations led the way, up 3.27%, but still fell short of the broader markets, with the Standard & Poor's 500 Index adding more than 5% on the month.
Convertible arbitrage rose 2.57% in January, equity long/short 2.31%, credit 2.07%, multi-strategy 2.02%, fixed-income arbitrage 1.94%, equity-market neutral 0.45% and managed futures 0.44%.
The RBC index gained 5.81% last year.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by partcipating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…