Saturday, 30 May 2015
Last updated 1 day ago
Oct 8 2009 | 1:22am ET
Hedge funds enjoyed their seventh-straight winning month with a big September, according to data from Hedge Fund Research.
The firm’s HRFI Fund Weighted Composite Index rose 3.02% last month. It is up 17.21% year-to-date.
Emerging markets funds did best in September, soaring 6.21% (35% year-to-date), as Russia and Eastern Europe funds rose 10.7%, Latin America funds 7.8% and Asia ex-Japan funds 4.4%. Distressed-debt funds were the strongest September performer among the non-regional subindices with a 5.13% return. Event-driven funds also did well, rising 4.24%.
Short-biased funds did the worst in September as global equities markets rallied. The HFRI short-bias index fell 4.88% on the month—the only strategy in the red. Short-sellers are down nearly 20% this year.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…