Friday, 27 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…