Monday, 20 October 2014
Last updated 8 hours ago
Aug 15 2013 | 10:07am ET
After losing ground in June, hedge funds bounced back with a 1.64% gain in July, reports Preqin.
The July numbers brought hedge funds' year-to-date returns to 5.39%.
All strategies tracked by the data provider ended July in the black with the exception of CTAs, which lost 0.75%, their third consecutive negative month. The best performers in July were event-driven funds (up 2.06% on the month and 9.06% YTD) and long/short funds (up 2.05% on the month).
Funds of hedge funds returned 0.86% while long/short funds of hedge funds returned 1.70%.
UCITS hedge funds returned 1.52% in July with long/short UCITS hedge funds returning 2.50%.
North America was the best performing region during the month, posting returns of 2.73%, followed by Europe (1.90%) and Asia Pacific (1.81%).
Preqin reports that 70% of investors polled believe hedge funds will report cumulative 2013 returns between 7% and 10%.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...