Tuesday, 30 September 2014
Last updated 6 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).
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...