Friday, 19 December 2014
Last updated 1 hour ago
May 9 2008 | 12:36pm ET
Hedge funds stormed back in April, returning almost 2% on average, according to HedgeFund.net.
The resurgence, which lifted every region and strategy tracked by HFN, was powered by the energy sector, which had its best month in the past 27. The HFN Energy Sector Average soared 5.7% last month, bringing it into the black year-to-date at 0.23%.
Overall, hedge funds added 1.96% in April, leaving it down 0.85% on the year. Emerging markets funds rose 3.23% (down 2.67% year-to-date), long/short equity funds 3.16% (down 2.57% YTD) and macro funds 2.32% (up 2.81% YTD). Among HFN’s regional averages, Asia took the top spot with a 3.38% return, although it remains down 5.42% in 2008.
Despite the strong month, all but three of HFN’s strategy indices remain in the red. In addition to energy sector and macro funds, CTA/managed futures funds are up 8.42% this year—better than twice the return of its nearest competitor—after a 0.24% April return.
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.