Nov 9 2006 | 12:58pm ET
Yet another pair of hedge fund indices show that, in spite of their best showing in months, hedge funds are still getting trounced by the broader markets in 2006.
The HedgeFund.net Hedge Fund Aggregate Average rose 1.74% last month, and is now up 8.34% on the year, while the Hennessee Hedge Fund Index rose 1.63% in October to hit 8.14% year-to-date. That’s in line with several other hedge fund indices that have released results over the past several days. And just like the other indices, they both trail the Standard & Poor’s 500 Index, up 3.15% in October and 10.39% YTD.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…