Credit Suisse: Hedge Funds Lose 1.28% In YTD

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).

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    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…