Sunday, 28 December 2014
Last updated 6 hours ago
Apr 24 2009 | 9:53am ET
By Ankur Samtaney, Eurekahedge Analyst -- The Eurekahedge North American Hedge Fund Index rose a healthy 1.5% in 2009, on the back of sharp reversals in the underlying markets.
Equities rallied strongly during the month from their recent multi-year lows, owing to the Fed’s intervention and the news of some large banks having been profitable in early 2009; the S&P 500 finished the month up 8.5%. Against this backdrop, regional long/short managers finished the month up a solid 2.7%, on average, making most of their gains from long positions during the month. However, while a number of managers repositioned their portfolios to benefit from the bear market rally, some other cautious and conservatively positioned managers finished the month flat to negative.
CTA/managed futures funds, on the other hand, finished the month down 2.5%, on average. While some managers benefited from the upturn in crude oil and energy prices, sharp trend reversals in the underlying markets took a toll on the performance of trendfollowing strategies during the month.
Download: The Eurekahedge North American Hedge Fund League Tables (PDF)
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.