Wednesday, 20 August 2014
Last updated 12 hours ago
Jun 12 2008 | 2:00am ET
Most hedge fund strategies enjoyed an up May, according to the Dow Jones Hedge Fund Strategy Benchmarks.
Equity long/short funds were far and away the best performers on the month, rising 5.18%, Dow Jones said. The big returns pushed the strategy into the black for the year: It is now the second-best performing strategy of 2008 at 2.11%, behind event-driven funds, which are up 2.86% year-to-date after returning 1.58% last month.
Merger arbitrage funds rose 1.68% in May (up 1.46% YTD).
Three strategies remain in negative territory on the year. Convertible arbitrage remains this year’s laggard, down 5.93% in 208 after rising 0.72% last month. Distressed securities funds are down 3.72% after a 0.6% return in May. Equity market-neutral has the dubious distinction of being the only strategy to lose money last month, falling 0.07%, and is now down 0.54% year-to-date.
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