Tuesday, 6 October 2015
Last updated 5 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).
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…