Greenwich AI: Hedge Funds Fall Short Of Double-Digits

Jan 8 2014 | 12:27pm ET

Hedge funds returned 8.99% last year, according to a widely-followed industry index.

December's Santa Claus rally failed to lift the Greenwich Global Hedge Fund Index into double-digit territory. The benchmark rose just 0.94% on the month, which saw the Standard & Poor's 500 Index rise 2.53%.

For the year, the S&P500 was up more than 30%.

Long/short equity was the best-performing strategy of 2013, adding 14.41% on the year, according to Greenwich Alternative Investments. Event-driven funds came in second at 14.04% but was the best strategy in December, up 1.34%.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR