Sunday, 5 July 2015
Last updated 1 day 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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…