Tuesday, 30 September 2014
Last updated 10 min ago
Jun 19 2013 | 9:08am ET
Hedge funds inched up in May, posting a 0.6% return, according to RBC Capital Markets.
The RBC Hedge 250 Index is up 4.85% on the year.
Mergers and special-situations funds led the way in May with a 2.74% jump (10.79% year-to-date). Convertible arbitrage funds rose 2.14% (6.24% YTD), equity long/short funds 1.45% (5.96% YTD), multi-strategy funds 1.3% (7.24% YTD), credit funds 1.24% (6.25% YTD) and equity-market neutral funds 0.77% (1.12% YTD).
Managed futures funds tumbled 3.26% last month (up 0.77% YTD). Macro funds shed 0.44% (up 0.6% YTD) and fixed-income arbitrage funds dropped 0.09% (up 3.5% YTD).
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...