Thursday, 26 November 2015
Last updated 22 hours ago
Aug 1 2013 | 10:13am ET
Hedge funds posted gains but once again failed to match the returns of the broader markets, an series of investable industry replication indices shows.
Market Vectors Index Solutions said its Global L/S Equity Hedge Fund Beta Index rose 2.32% last month. By contrast, the Standard & Poor's 500 Index rose nearly 5% in July.
North American funds did best, rising 3.01%, followed by Western European funds at 1.91%, emerging markets at 1.52% and developed Asian funds at 0.42%. Global event funds added an average of 1.49%.
Market Vectors Index Solutions uses liquid exchange-traded funds to mimic the returns of hedge funds.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…