Tuesday, 25 November 2014
Last updated 3 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...