Tuesday, 30 September 2014
Last updated 9 min ago
Sep 3 2009 | 12:47pm ET
Hedge funds continued their winning ways in August, according to a pair of hedge fund replication indices.
Long/short equity hedge funds rose 1.55%, according to the Credit Suisse Alternative Index Replication indices. The AIR Long/Short Equity index is up 7.73% through the first eight months of the year.
Global macro funds were also up, but, for the second straight month, only marginally. The strategy added 0.08% in August and is up 2.11% year-to-date.
“Following a strong rally in July, equity markets continued their upward trend in August, reaching highs not achieved since October 2008,” Jordan Drachman, head of research for alternative beta strategies at Credit Suisse. “Long/Short Equity hedge fund managers continued to increase their overall net exposures in order to benefit from market gains.”
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...