Tuesday, 21 October 2014
Last updated 2 hours ago
Feb 21 2013 | 3:23pm ET
The Dow Jones Credit Suisse Hedge Fund Index finished up 2.07% in January.
Nine of the 10 strategies tracked by the index finished the month in the black. Dedicated short bias funds posted the only loss, shedding 5.22%.
The winning strategies were led by long-short equity, up 3.54%; followed by emerging markets, up 3.45%; managed futures, up 2.67%; event-driven, up 2.15%; multi-strategy, up 2.07%; and convertible arbitrage, up 2.01%.
Also posting gains were equity market neutral strategies, up 1.99% in January; fixed-income arbitrage, up 1.06%; and global macro, up 0.88%;
The industry saw estimated outflows of $9.3 billion in January, bringing assets under management to roughly $1.78 trillion.
Multi-strategy and equity market neutral funds saw the largest asset inflows on a percentage basis, in January, at 0.78% and 0.19% of December 2012 levels, respectively.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...