Beta Indices Show Positive July For Hedge Funds

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.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...