Sunday, 28 December 2014
Last updated 3 days ago
Aug 14 2013 | 1:09pm ET
The median hedge fund gained 0.93% in July bringing its year-to-date gains to 4.85%, according to Deutsche Bank research.
Equity long/short funds were the best performers in July, up 8.78% YTD, according to DB's Markets Prime Finance Monthly Hedge Fund Trends.
Japan long/short funds led the way (up 17.21% YTD) followed by U.S. long/short funds (up 9.21%) and European long/short funds (up 8.17%).
Distressed funds were up 8.30% YTD, event-driven funds up 7.36%, market neutral funds up 5.37%, multi-strategy funds up 4.94% and credit funds up 4.55%. CB and volatility arbitration funds were up 4.48%, emerging markets equity funds up 2.90%, fixed-income funds up 2.02% and macro funds up 1.51%.
The only losing strategies in July were CTA/managed futures, down 1.39%.
The dispersion of returns across strategies remains high, with equity long/short funds in 75th percentile posting returns of 4.35% for July while CTA/managed futures and macro funds in the 25th percentile were down 5.19%.
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.