Tuesday, 30 September 2014
Last updated 1 hour ago
Feb 5 2014 | 8:29am ET
Hedge funds sank in January, weighed down by stock prices, which dropped even more, according to an industry replication index.
The Credit Suisse Liquid Alternative Beta Index fell 0.94% last month, as the Standard & Poor's 500 Index dropped 3.5%. Four of the five strategies tracked by the LAB suite lost ground, "led" by managed futures, which fell 3.45% on the month.
The long/short LAB index dropped 1.76% in January, global strategies fell 1.18% and merger arbitrage was off by 0.92%.
The only strategy to post a winning January was 2013's best performer, event-driven, which rose 0.18% on the month.
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...