Friday, 31 October 2014
Last updated 8 hours ago
Dec 18 2006 | 12:49pm ET
Hedge Fund Research’s HFRI Composite Index inched closer to the Standard & Poor’s 500 Index in November with a 2.25% return. The main HFRI index returned 11.44% through the end of November, putting it within spitting distance of the S&P’s 12.2% through the same period.
The index’s big month was driven by especially strong returns in its emerging markets and macro indices, which returned 4.34% and 2.62%, respectively. The emerging markets index is up 20.26% this year through November, by far the best-performing HFRI index. Other top performers include merger arbitrage (up 1.57% in November, 14.4% YTD), distressed securities (1.83%, 13.96% YTD) and event-driven (1.94%, 13.72% YTD).
Funds of funds also posted a strong month, with the HFRI Fund of Funds Composite Index rising 1.85% to 8.45% YTD.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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