Tuesday, 21 October 2014
Last updated 5 hours ago
May 14 2013 | 8:59am ET
Japan-focused long/short equity hedge funds have been a good bet so far in 2013, according to Deutsche Bank research, gaining 16.90% year to date.
But all strategies across all regions tracked are in positive territory YTD, according to the DB Markets Prime Finance Monthly Hedge Fund Trends for May, with the median hedge fund up 4.08% through the end of April.
Global long/short equity funds turned in the best performance in the US, gaining 6.29% YTD, followed by distressed funds, up 5.92%; US long/short funds, up 5.01%; event-driven, up 4.85%; and credit funds, up 4.45%.
In Europe, CTA managed futures funds are leading YTD, up 5.27%; followed by European long/short, up 4.70%; global long/short, up 4.67%; and credit, up 3.37%.
In Asia, as mentioned, Japan-focused funds led followed by Pan-Asia long/short funds, up 7.62% YTD; Asia ex-Japan long/short, up 6.91%; macro, up 6.22%; multi-strategy, up 5.55%; and China long/short, up 5.49%.
Global dispersion of returns across all funds continues to remain high, with funds in the 75th percentile returning 2.53% while those in the 25th percentile lost 0.25%.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. 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 ...