Thursday, 18 December 2014
Last updated 5 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.