Saturday, 25 October 2014
Last updated 1 day ago
Jul 25 2013 | 9:54am ET
June was a tough month for hedge funds globally—but Canadian hedge funds had a particularly rough end to the first half.
The Scotiabank Canadian Hedge Fund Index dropped 2.07% last month on an asset-weighted basis. The drop wipes out the benchmark's year-to-date gains and leaves it down 2.02% through the first six months of the year.
June was the third straight losing month for the index, and its fourth out of six this year. And while the drop was worse than that suffered by the Standard & Poor's 500 Index on the month, it was only half the 4.12% June swoon that hit the S&P TSX Composite Index, which tracks Canadian stocks.
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.