Wednesday, 1 July 2015
Last updated 6 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…