Friday, 26 December 2014
Last updated 2 days ago
Sep 18 2008 | 9:15am ET
Emerging markets funds continued their terrible 2008 run in August, according to yet another index release.
All the strategies in the Eurekahedge Hedge Fund Index were in negative ground last month, while the index overall fell 1.4%, its third consecutive down month. It is down 3.4% year-to-date.
Emerging markets lost 3.3% in August, Eureka said. Russian and Eastern Europe funds, in particular, suffered, dropping 8.6%, while Asian and Japanese funds dropped 2.3%. European funds fell 1.4%.
By contrast, relative value and macro funds did relatively well.
“Going into September, we see most major markets trending in a similar fashion to the seen in August, with equities across the board being volatile and negative,” Eureka said in a statement.
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.