Wednesday, 20 August 2014
Last updated 40 min 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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note