Friday, 22 August 2014
Last updated 1 hour ago
Jan 15 2008 | 8:30am ET
Hedge funds returned 11.15% last year, Greenwich Alternative Investments said. The Greenwich Global Hedge Fund Index added 0.61% in December.
“Hedge funds have demonstrated their resilience to downward moves in the equity markets,” Ben Rossman, senior vice president, said. “Hedge funds outperformed the S&P500 by more than 5.5% in 2007 through a combination of capturing market upside and protecting against downside. This is hedge funds’ highest level of outperformance since 2002, when the S&P500 was down more than 22% and hedge funds ended the year near flat, dropping less than 1%.”
The Standard & Poor’s 500 Index rose 5.49% last year.
Investable hedge funds did not fare nearly so well. The Greenwich Composite Investable Index added 3.61% in 2007, after a 0.27% December return.
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