Friday, 25 July 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…