Friday, 26 December 2014
Last updated 1 day 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.