Wednesday, 7 October 2015
Last updated 19 hours ago
Apr 21 2014 | 1:36pm ET
Hedge funds dipped slightly in March, with losses for most strategies on the month.
The Barclay Hedge Fund Index fell 0.09% last month to end the first quarter up 1.39%. That narrowly edged the Standard & Poor’s 500 Index, which rose 1.3% over the same period.
Short-bias funds were hardest hit in March, dropping 2.47%. Technology funds lost 2.34%, healthcare and biotechnology funds 1.29%, global macro funds 0.92% and European equities funds 0.9%. Distressed securities funds rose 0.86%, convertible arbitrage funds 0.79% and fixed-income arbitrage funds 0.5%.
“Global equity markets experienced their version of March Madness as fears of Russian expansionism, Fed tightening and slow-growing in China spiked intra-month volatility,” BarclayHedge chief Sol Waksman.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…