Thursday, 21 August 2014
Last updated 3 min 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 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