Tuesday, 29 July 2014
Last updated 5 hours ago
Dec 3 2013 | 1:34pm ET
Hedge funds are lurching to the 2013 finish line, putting up another month of sub-Standard & Poor's 500 Index returns, according to an industry replication benchmark.
IndexIQ's IQ Hedge Composite Beta Index rose just 0.58% last month, while the S&P 500 added a further 2.8%. For the year, the hedge fund replication vehicle is up 3.22%—against the S&P 500's 26.6%.
None of the IQ Hedge indices bested the broader markets last month. The strongest performer was long/short, which rose 1.82% (9.18% year-to-date). Event-driven added 1.23% (6.31% YTD). Global macro rose 0.47% (down 0.66% YTD), market neutral 0.21% (3.21% YTD) and fixed-income arbitrage 0.07% (5.26% YTD). Emerging markets lost further ground in November, falling 0.31%. That strategy is now down 3.69% on the year.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…