Wednesday, 24 December 2014
Last updated 10 hours ago
Nov 12 2007 | 3:48pm ET
Hedge funds are on pace for their best year in four after a banner October.
Hedge funds were up 3.32% last month, according to HedgeFund.net. The HFN Hedge Fund Aggregate Average is up 12.42% in the first 10 months of the year; it was up 11.99% all of last year.
As usual, emerging markets led the way returning 5.01% in October. It is the top-performing strategy year-to-date at 22.22%. Energy sector and CTA/managed futures funds followed, at 4.31% (17.99% YTD) and 4.16% (10.84% YTD), respectively. Long/short funds added 3.86% (14.78% YTD), and macro funds 2.98% (11.32% YTD). The worst performing strategy on the month was convertible arbitrage at 1.52% (6.23% YTD).
Regionally, Asia was the strongest on the month at 3.83% (18.37% YTD). Year-to-date, Latin America remains tops at 24.31% after a 3.22% return in October while U.S. hedge funds added 3.11% (10.92% YTD).
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.