Monday, 28 July 2014
Last updated 11 hours ago
Mar 18 2009 | 3:21am ET
Hedge funds failed to sustain their positive momentum in February, following up January’s gain with a 0.62% loss, according to RBC Capital Markets.
The RBC Hedge 250 Index is up 0.63% through February. All but two of its subindices were in the red last month, with only convertible arbitrage funds (up 2.71% in February, up 12.84% year-to-date) and fixed-income arbitrage (up 0.42%, up 2.33% YTD) rising on the month.
Macro funds were the biggest losers last month, falling 1.04% (up 0.11% YTD). Credit funds (down 0.96%, down 1.55% YTD) and equity long/short funds (down 0.84%, down 0.13% YTD) followed.
Mergers and special situations funds fell 0.61% (up 1.07% YTD), equity market-neutral funds 0.47% (up 2.21% YTD), managed futures funds 0.12% (up 1.85% YTD) and multi-strategy funds 0.05% (up 2.72% YTD).
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…