Friday, 26 December 2014
Last updated 2 days ago
Oct 5 2006 | 2:53pm ET
The MSCI Hedge Invest Index posted its third-straight positive month in September, though returns for the month were less than half that of August. After an ugly May and June, when the index dropped 1.08% and 1.27%, respectively, the fund posted positive returns of 0.22% in July, 0.43% in August and 0.18% last month, pushing the year-to-date return to 3.29%. Still, on the year it badly lags the Standard & Poor’s 500, which has returned better than 7%.
In spite of the overall positive return, only three of MSCI’s eight strategy indices were in the black in September, led by long-bias, which was up 1.06%. Event-driven (0.68%) and convertible arbitrage (0.6%) also finished in the black. Equity non-directional and discretionary trading led the losers, with those strategies down 0.8% and 0.78%, respectively.
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.