Hedge Funds Rise In Early March

Mar 20 2013 | 12:12am ET

Hedge funds posted broad-based gains in the first half of March as stock markets rallied.

Hedge Fund Research's HFRX Global Hedge Fund Index rose 0.86% through March 14. The Standard & Poor's 500 Index is up over 3% during the same two weeks.

The HFRX index is now up 3.28% on the year.

Strategies across the hedge fund spectrum are enjoying gains, with only one tracked by the HFRX suite, equity market neutral, losing ground in early March, and it is down by only 0.07% (up 0.5% year-to-date). Master-limited partnerships are the strongest performer on the month so far, up 2%, and on the year, up an impressive 12.31%.

Fundamental growth funds were up 1.73% through Thursday (4.45% YTD), special situations funds 1.6% (7% YTD), fundamental value funds 1.4% (6.31% YTD), equity hedge funds 1.39% (5.29% YTD), event-driven funds 1.29% (5.18% YTD), convertible arbitrage funds 1.14% (3.59% YTD), emerging markets funds 1.1% (1.77% YTD) and North America funds 1% (4.25% YTD).

Credit funds added 0.78% (2.86% YTD), relative-value arbitrage funds 0.4% (2.01% YTD), macro funds and commodity trading advisers 0.26% (0.27% YTD) and merger arbitrage funds 0.05% (0.58% YTD).


In Depth

Q&A: Open Season For Closed-End Funds

Aug 29 2014 | 10:00am ET

When Maury Fertig and Bob Huffman, former Salomon Brothers coworkers, launched...

Lifestyle

Och Funds Women In Finance Initiative At U-M

Aug 28 2014 | 3:01pm ET

Och-Ziff Capital founder Daniel Och and his wife have made a "generous donation"...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    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…

 

Futures Magazine

July/August 2014 Cover

The time was right

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 ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.