Wednesday, 3 September 2014
Last updated 14 hours 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.
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…
The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost a...