Wednesday, 4 March 2015
Last updated 9 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…