Friday, 29 May 2015
Last updated 10 hours ago
Feb 18 2014 | 1:49pm ET
The Hennessee Hedge Fund Index fell 0.18% in January, beating the S&P 500 which dropped 3.56%.
Equity long/short hedge funds gained 0.83% in January. The best-performing sectors were utilities (up 2.88%), healthcare (up 0.87%) and information technology (down 2.59%) while underperforming sectors included energy (down 6.33%), consumer discretionary (down 5.97%) and consumer staples (down 5.30%).
Arbitrage/event-driven funds rose 0.58% in January. Distressed funds rose 1.01%; merger arbitrage funds gained 0.55%; and convertible arbitrage funds jumped 2.54%.
Global/macro funds lost 2.27%. International funds were down 3.69% while emerging markets fell 1.48%. Macro funds fell 1.77% for the month of January.
Fixed-income funds added 0.20% in January.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…