Saturday, 25 March 2017
Last updated 20 hours ago
Nov 13 2007 | 2:37pm ET
Tactical hedge fund strategies drove industry returns last month, as the RBC Hedge 250 Index returned 2.49%. The investable benchmark is now up 9.31% year-to-date.
Three of the index’s top four performing subindices were in its tactical group, according to data from RBC Capital Markets. Managed futures funds added 4.33% last month (11.12% YTD), followed by equity long/short at 3.08% (12.83% YTD) and macro at 2.6% (3.39% YTD).
Other strong performances were turned in by mergers and special situations funds, which rose 3.16% (12.64% YTD) and 2.22% (10.35% YTD).