Saturday, 28 November 2015
Last updated 1 day 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 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…