Thursday, 24 July 2014
Last updated 1 hour ago
Sep 10 2009 | 10:51am ET
Most hedge fund strategies posted gains in August, although did less well than might be expected, according to Dow Jones Hedge Fund Indexes.
Event-driven funds led the way, according to the Dow Jones Hedge Fund Strategy Benchmarks, rising 1.7% (up 9.51% year-to-date), followed by merger arbitrage (0.96% in August, 5.72% YTD) and equity long/short (0.86%, 3.2% YTD). Only equity market-neutral funds lost ground, dropping 0.59% (down 3.69% YTD).
“Considering the high volatility the market has faced in the past eight months, hedge fund showed only small positive returns for the month,” Dow Jones said.
Both Dow Jones’ convertible arbitrage and distressed securities benchmarks remained suspended.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…