Wednesday, 1 October 2014
Last updated 8 hours ago
Nov 6 2013 | 2:12pm ET
Hedge funds posted modest gains compared to the broader markets in October, according to a leading industry index.
The Greenwich Global Hedge Fund Index rose an estimated 1.86% last month, as the Standard & Poor's 500 Index returned 4.46%. On the year, the hedge fund benchmark is up 7.36%; the S&P 500 is up more than 25%.
Each of the eight strategies tracked by Greenwich Alternative Investments were in the black in October. Long/short equity funds added an average of 2.18% (11.96% year-to-date) and multi-strategy funds rose 2% (5.32% YTD). Futures funds rose 1.9% (down 1.69% YTD), long/short credit funds 1.68% (5.19% YTD), macro funds 1.61% (3.93% YTD), event-driven funds 1.56% (11.24% YTD), equity-market neutral funds 0.9% (3.47% YTD) and arbitrage funds 0.8% (5.73% YTD).
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...