Tuesday, 22 July 2014
Last updated 1 hour ago
Dec 4 2013 | 2:16pm ET
Hedge funds enjoyed modest gains in November, according to an industry replication index.
The Credit Suisse Liquid Alternative Beta Index rose 0.77% last month, bringing its year-to-date return to 6.83%. The Standard & Poor's 500 Index rose 2.8% in November and is up 26.6% in 2013.
Managed futures was far-and-away the best strategy tracked by the Credit Suisse indices last month, soaring 3.08% (6.41% year-to-date). No other strategy was up even 1% for the month; global strategies were second-best at 0.85% (5.48% YTD).
Event-driven funds added an average of 0.78% in November (9.97% YTD), long/short 0.5% (7.62% YTD) and merger arbitrage 0.3% (6.82% YTD).
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…