Wednesday, 1 October 2014
Last updated 11 hours ago
Feb 20 2008 | 7:43am ET
Investable quantitative and emerging markets funds plummeted last month, according to Hedge Fund Research.
The firm’s HFRI Emerging Markets Index fell 6% in January, while its Quantitative Directional Index lost 5.89%. Overall, investable hedge funds fell 2.26% during the month.
Equity hedge funds, which include the quantitative funds, dropped 4.22%, with event-driven declining 2.29% and relative value 0.27%. Macro funds rose 1.51%.
The strongest performers were short-bias funds, which jumped 5.73%. Systematic diversified macro funds also gained, rising 2.66%.
Losses were widespread among emerging markets funds, last year’s top performer. Asia (ex-Japan) and Russia and Eastern Europe funds were particularly hard-hit, falling 7.73% and 7.86%, respectively. South America funds dropped 2.38%.
Investable funds of funds declined by 2.93% in January.
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...