Saturday, 20 December 2014
Last updated 13 hours ago
May 5 2009 | 11:42am ET
The Credit Suisse Long/Short Equity Replication Index gained 0.14% net in April, according to Jordan Drachman, head of research for Alternative Beta Strategies at Credit Suisse.
“In an environment where the S&P 500 was up approximately 10% in April, hedge funds returned positive performance,” said Drachman. “By providing hedge fund-like returns, the AIR LOSHO Index was up 0.14% for the month while the Credit Suisse Global Macro Replication Index was down 0.37% over the same period. Early estimates for the long/short equity sector of the Credit Suisse/Tremont Hedge Fund Index also point towards a modest positive return, while early estimates for the global macro sector of the benchmark point towards a modest negative return.”
The AIR GLMAC Index seeks to track the Global Macro sector of the benchmark Credit Suisse/Tremont Hedge Fund Index, while the AIR LOSHO Index seeks to track the Long/Short Equity sector of the same benchmark.
Performance for the AIR LOSHO and AIR GLMAC Indices are calculated daily and shown net of a 1.15% per annum calculation fee. Returns are listed below.
|Credit Suisse Global Macro Replication Index (Net)||-0.37%||1.17%||1.89%|
|Credit Suisse Inverse Global Macro Replication Index (Net)||0.12%||-1.43%||-2.66%|
|Credit Suisse/Tremont Global Macro Hedge Fund Index||N/A||0.03%||2.58%|
|Credit Suisse Long/Short Equity Replication Index (Net)||0.14%||3.92%||2.78%|
|Credit Suisse Inverse Long/Short Equity Replication Index (Net)||-0.53%||-4.15%||-3.64%|
|Credit Suisse/Tremont Long/Short Equity Hedge Fund Index||N/A||1.86%||0.32%|
|S&P 500 TRI Index*||9.57%||8.76%||-11.01%|
|Dow Jones World Index*||11.77%||7.78%||-11.43%|
*Total Return Indices
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.