Thursday, 27 November 2014
Last updated 17 hours ago
Feb 13 2009 | 3:46am ET
There’s not much to report about the Dow Jones Hedge Fund Strategy Benchmarks these days, with half of them suspended. But the indices that are left offered broadly good tidings in January.
Two of the three remaining Dow Jones benchmarks were in positive ground last month. Merger arbitrage rose 1.62%, while event-driven added 1.23%. Distressed securities was not so lucky; it shed 3.66%.
In December, Dow Jones stopped calculating its equity-market neutral and equity long/short benchmarks due to “temporary risk mitigation measures” taken by their underlying managers. Then, last month, the firm put its convertible arbitrage benchmark on ice, as it seeks to cut the number of convertible arb. managers in its platform.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...