Sunday, 28 December 2014
Last updated 3 days ago
Jun 12 2013 | 9:53am ET
Hedge funds enjoyed gains last month, although they once again failed to match or exceed the performance of the broader markets.
The Hennessee Hedge Fund Index rose 1.79% in May, compared to a 2.08% jump for the Standard & Poor's 500 Index. Equity long/short funds, notably those focused on financials, industrials and technology, did well, rising an average of 2.71%.
"At month end, managers saw significant increases in volatility, a significant drop in the dollar, especially against the Japanese yen," the Hennessee Group's Charles Gradante told Dow Jones Newswires.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
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