Wednesday, 22 October 2014
Last updated 40 min ago
May 6 2013 | 3:12pm ET
Hedge funds posted broad gains in an April that saw the average industry player add 0.72%, according to a major index.
The Dow Jones Credit Suisse Core Hedge Fund Index is up 2.82% on the year. By contrast, the Standard & Poor's 500 Index is up by double-digits, after rising 1.81% last month.
Managed futures was the strongest strategy tracked by Credit Suisse in April, rising 2.62% (6.13% year-to-date). Emerging markets funds added 0.9% (2.28% YTD), event-driven funds 0.76% (4.39% YTD), convertible arbitrage funds 0.75% (2.81% YTD), global macro funds 0.6% (1.44% YTD) and long/short equity funds 0.06% (3.97% YTD). Fixed-income arbitrage was the only strategy to lose ground, falling 0.01% on the month (down 0.93% YTD).
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...