Wednesday, 1 October 2014
Last updated 2 min ago
Nov 8 2007 | 7:39am ET
A pair of hedge fund indices shows that the industry’s summer of suffering has definitively come to an end.
Hedge funds enjoyed their best monthly returns in almost two years in October, with the Eurekahedge Hedge Fund Index rising 3.6% and Hedge Fund Research reporting a 3.2% average return. Last month was the strongest for both since January 2006.
Emerging markets continued their hot run, rising 5.2% in October, according to HFR. Long/short managers returned 3.5% last month. Year-to-date, hedge funds are up 12.3%.
Eurekahedge said long/short and commodity fund managers benefited from rising equities, oil and gold markets.
Regionally, Asia ex-Japan funds enjoyed a strong month, according to Eurekahedge, rising 4.7%. North American hedge funds added 2.7%, European 2.1% and Japanese 0.6%.
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...