Replication Index Rises 1.22% In March, 2.17% In Q1

Apr 3 2013 | 9:58am ET

Hedge funds closed out an up-and-down first quarter on a high note, according to an industry replication index.

The Credit Suisse Liquid Alternative Beta Index rose 1.22% last month, after posting a gain in January and a small loss in February. The benchmark added 2.17% on the quarter, far behind the Standard & Poor's 500 Index, which rose more than 10% during the period.

Merger arbitrage was the strongest strategy in March among those tracked by the LAB indices, rising 2.34% (4.69% year-to-date). Long/short added 1.63% (down 0.36% YTD), event-driven 1.59% (3.39% YTD), managed futures 1.46% (3.79% YTD) and global strategies 0.98% (2.38% YTD).


Lifestyle

Survey: Wall Street Banks Still Top Silicon Valley, Hedge Funds for Freshly-Minted MBAs

Jun 21 2016 | 9:01pm ET

Contrary to concerns that Wall Street isn't as appealing to new graduates as it...

Guest Contributor

The Future of the Blockchain in Financial Services Communications

Jun 17 2016 | 1:05pm ET

Over the past year, a large portion of the financial services industry has awakened...