Sunday, 28 December 2014
Last updated 3 days ago
Aug 13 2009 | 1:34pm ET
Hedge funds continued their year-long rally in July, posting positive returns for the fifth straight month and sixth out of seven, according to Eurekahedge.
The Eurekahedge Hedge Fund Index rose 2.1% last month to hit 12% on the year, according to preliminary returns. And while Eureka’s index shows hedge funds still beating the broader markets, they didn’t even come close to matching the Standard & Poor’s 500 Index’s 7.4% rise in July.
“The month’s returns were achieved on the back of strong rallies across underlying equity markets despite a rough start to the month,” Eureka said in its report.
Eight of the firm’s nine strategy indices were in positive ground last month, as were all seven of its regional indices. Among the latter, Asia and emerging markets funds were tops; among the former, it was event-driven funds coming out on top.
Eureka also reports that hedge funds have $8 billion more than they did at the end of June, thanks to trading gains and $1 billion in net inflows.
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.