Wednesday, 17 September 2014
Last updated 2 hours ago
Jul 16 2009 | 9:06am ET
It may not have been May, which most hedge fund indices say was the best month for the industry in nearly a decade, but hedge funds enjoyed broadly positive returns last month.
The four strategy benchmarks still calculated by the Dow Jones Hedge Fund Indices—two remain suspended—all finished the month in the black, although one, equity-market neutral, did so just barely at 0.06% and remains in the red year-to-date with a decline of 3.38%. It is also the only strategy to post a losing second quarter.
The rest of the remaining DJ indices enjoyed a somewhat more robust June. Event-driven funds added 1.81% (6.25% year-to-date), which merger arbitrage funds rose 1.22% (4.51% YTD). Equity long/short funds returned 0.98% on the month (0.83% YTD).
DJ’s convertible arbitrage and distressed securities indices, which it stopped calculating in January and May, respectively, remain suspended.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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