Wednesday, 1 October 2014
Last updated 10 hours ago
Oct 10 2007 | 1:21pm ET
The Greenwich Global Hedge Fund Index made a strong comeback in September, rising +2.97% after posting the year’s first negative return of -1.64% in August. The GGHFI year-to-date return of 9.5% trails the MSCI World Equity Index but remains ahead of the S&P 500 and FTSE 100 with returns of +10.11%, +9.13% and +3.96, respectively.
All four Strategy Groups posted their highest monthly return of the year. The Specialty Strategies Group continued to maintain its performance lead so far for the year, up 14.56% YTD, after returning a very strong +3.48% return in September.
The Long/Short Equity Group moved up +3.18% for the month and has now posted a double digit return of +10.43% YTD.
The Directional Trading Group made the biggest come back among the four Strategy Groups, in September returning 4.15% after being down -2.60% in August.
The Market Neutral Group also performed quite well, posting +1.59%, its best month since January 2006.
All 18 individual strategies tracked by the GGHFI, with the exception of short sellers, were positive in September. All are positive year-to-date.
Thus far, the September Index includes 1,032 funds. Final Index results will be posted in early November, once additional funds have submitted returns.
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...