Hedge Fund Leverage Increases In Feb.

Apr 9 2013 | 9:26am ET

Hedge fund leverage rose slightly in February as market neutral and equity long/short funds increased their exposure.

The New York Stock Exchange Debt Margin was $366 billion, $2 billion higher than in January. Hedge fund leverage is still $15 billion below its peak level, $381 billion, reached in July 2007.

Market neutral funds went from 2% net long to 7% net long, according to Bank of America Merrill Lynch. Equity long/short funds went from 23% net long to 25%.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of