Sunday, 28 December 2014
Last updated 33 min ago
Aug 2 2013 | 10:05am ET
Hedge funds posted broad gains in July, according to Credit Suisse's industry replication indices.
The Credit Suisse Liquid Alternative Beta Index rose 1.67% last month, a far cry from the Standard & Poor's 500 Index's nearly 5% surge. The index is now up 3.91% on the year.
Four of the suite's five strategies also posted gains in July, led by long/short, up 3.61% (4.61% year-to-date). Event-driven added 2.63% (5.42% YTD), merger arbitrage 1.24% (5.84% YTD) and global strategies 0.85% (3.2% YTD).
Only managed futures fell in July, shedding 1.2%. The strategy remains up 4.88% on the year.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.