Wednesday, 17 December 2014
Last updated 11 hours ago
May 1 2008 | 12:41pm ET
The cruelest month has given hedge funds a little spring in their steps.
Hedge funds recouped some of their first-quarter loss last month, according to preliminary figures from Hedge Fund Research. The average fund returned 1.5% through April 28, after posting a 3% decline in the year’s first three months.
Still, hedge fund returns trailed the broader markets in April, when the Standard & Poor’s 500 added 4.8%. The S&P remains down 5.2% year-to-date.
Long/short equity funds were among the top performers last month, adding 2.8% to erase March’s decline.
Macro funds were among the worst performers, rising just 0.15%, though they remain the best of the eight HFR strategies year-to-date at 9.5%.
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.