Sunday, 26 October 2014
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.
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.