Friday, 22 August 2014
Last updated 15 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).
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note