Tuesday, 29 July 2014
Last updated 50 sec ago
Apr 4 2013 | 12:41am ET
Hedge funds managed to crawl back from their early year losses last month to finish the first quarter in the black, according to an industry replication index.
IndexIQ's IQ Hedge Composite Beta Index rose 0.54% in March and is up 0.32% on the year. By contrast, the Standard & Poor's 500 Index is up more than 10% through 2013's first three months.
Five of IndexIQ's six strategy beta indices were up last month, led by long/short, which rose 1.38% (3.11% year-to-date). Fixed-income arbitrage added 1.04% (2.51% YTD) and global macro 0.91% (down 0.63% YTD).
Event-driven and market-neutral were up slightly on the month, 0.18% (down 0.73% YTD) and 0.16% (0.15% YTD), respectively.
Emerging markets was the only loser, falling 0.51%. The strategy is down 2.51% on the year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…