Tuesday, 2 September 2014
Last updated 40 min ago
Aug 8 2013 | 12:17pm ET
Hedge funds posted gains last month, bouncing back from June's losses but badly trailing the broader markets.
The average hedge fund returned 1.15% in July, according to the Greenwich Global Hedge Fund Index. By comparison, the Standard & Poor's 500 Index rose more than 5% on the month.
The Greenwich index is up 4.22% on the year; the S&P 500 is up nearly 20%.
Most strategies tracked by Greenwich Alternative Investments posted gains in July, led by long/short equity funds, which rose an average of 2.1% (7.08% year-to-date). Multi-strategy funds added 1.19% (3.26% YTD), event-driven funds 1.14% (7.21% YTD), arbitrage funds 0.83% (4.13% YTD), macro funds 0.79% (3.03% YTD) and equity-market neutral funds 0.71% (2.45% YTD).
Long/short credit funds fell 0.48% on the month (up 1.4% YTD), while futures funds shed 0.26% (down 2.13% YTD).
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...