Wednesday, 23 July 2014
Last updated 14 hours 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.
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…