Wednesday, 23 July 2014
Last updated 11 hours ago
May 8 2013 | 10:24am ET
Japanese hedge funds posted strong April and year-to-date returns, adding 4.22% and 15.87%, respectively, according to Eurekahedge.
The Eurekahedge Hedge Fund Index added 1.09% in April, riding upwardly trending markets, and 250 of the hedge funds tracked by the data provider have returned over 15.0% YTD.
Asia ex-Japan funds gained 2.37% on the month (6.13% YTD). All other regional funds covered by Eurekahedge gained under 1% on the month, with the exception of Eastern Europe and Russia funds, which shed 1.08% (and are down 1.64% YTD) and Latin American funds, which shed 0.02% (but are up 1.39% YTD).
Distressed debt funds continued their winning ways, adding 5.50% on the month to bring their YTD gains to 11.05%. CTA/managed futures funds added 1.89% in April, for YTD gains of 2.76% while macro funds added 1.42% on the month for YTD gains of 3.29%.
Multi-strategy funds gained 1.09% in April (3.35% YTD). Arbitrage funds and long/short equities funds both added 0.84% in April (5.50% and 3.67% YTD, respectively) while fixed-income strategies added 0.49% on the month (4.36% YTD) and event-driven funds added 0.47% (4.13% YTD).
Relative value funds were the only ones in the black in April, down 0.83%, but even they were up YTD, gaining 2.09%.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…