Tuesday, 31 March 2015
Last updated 35 min 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%.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…