Thursday, 28 August 2014
Last updated 9 hours ago
Apr 19 2013 | 12:18pm ET
Hedge funds were essentially flat in the first half of April, with widely dispersed returns among strategies.
The HFRX Global Hedge Fund Index fell 0.09% through Tuesday, Hedge Fund Research said. The benchmark is up 3.04% on the year.
Convertible arbitrage funds turned in the best average return in early April, rising 1.44% (5.18% year-to-date). Merger arbitrage funds rose 0.94% (1.86% YTD), emerging markets funds 0.55% (1.59% YTD), relative-value arbitrage funds 0.39% (2.07% YTD), credit funds 0.33% (3.38% YTD) and equity market neutral funds 0.17% (0.72%).
Fundamental growth funds, by contrast, dropped 1.4% in the first two weeks of the month (up 2.33% YTD). The year's strongest performers, master-limited partnerships, dropped 1.11% but remain up 14.11% on the year. Equity hedge funds shed 0.69% (up 4.41% YTD), special situations funds 0.29% (up 7.05% YTD), event-driven funds 0.04% (up 5.28% YTD) and macro funds and commodity trading advisers 0.02% (up 0.02% YTD).
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…
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 ...