Thursday, 23 October 2014
Last updated 11 min ago
Aug 6 2014 | 11:21am ET
Hedge funds wilted in the July heat, an industry replication index shows.
The Credit Suisse Liquid Alternative Beta Index dropped 1.28% last month, more than halving its year-to-date gain to 0.91%.
Event-driven funds took the biggest hit, falling 2.17% (up 0.88% year-to-date). Global strategies dropped 1.13% (up 0.28% YTD) and long/short dipped 0.5% (up 3.23% YTD).
Managed futures funds did best in July, adding 0.23% (down 4.19% YTD). Merger arbitrage rose 0.1% (down 2.43% YTD).
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...