Wednesday, 20 August 2014
Last updated 10 hours ago
Jan 3 2014 | 3:08pm ET
Hedge funds closed out an extremely disappointing year this week, according to an industry replication index.
The Credit Suisse Liquid Alternative Beta Index returned just 7.35% in 2013, rising 0.48% last month. The Standard & Poor's 500 Index, by contrast, soared nearly 30%.
Even the strongest hedge fund strategy tracked by Credit Suisse couldn't come close to matching that; the Event Driven Liquid Index ended 2013 up just 10.88% after a 0.83% December return. It was the only LAB strategy to finish the year up by double digits.
Long/short funds rose an average of 7.88% (0.24% in December), managed futures funds 7.49% (1.01% in Dec.), merger arbitrage funds 6.95% (0.12% in Dec.) and global strategies 5.91% (0.41% in Dec.).
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note