Equity Hedge, Relative Value Pace Hedge Fund Surge In April

May 7 2008 | 2:00am ET

Most investable hedge funds posted gains last month, according to new figures from Hedge Fund Research.

Overall, investable funds returned 1.2% in April, cutting their year-to-date loss to 1.62%. Equity hedge and relative value arbitrage funds led the way, with the former rising 2.4% to halve its year-to-date decline (now 2.5%) and the latter gaining 1.55%, though it remains down 6.6% on the year.

Event-driven funds added 1.16% in April (down 2.13% YTD), while equity-market neutral funds returned 1.03% (up 1.06% YTD) and merger arbitrage funds rose 0.97% (up 1.21% YTD).

In the red column were distressed securities (down 0.88% in April and 3.16% YTD), convertible arbitrage (down 0.83% in April and 6.72% YTD) and macro (down 0.65% in April but up 8.58% on the year, the best of any strategy).


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.