Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Hedge Funds post sixth monthly loss in 2014 - Preqin

Monday, November 17, 2014
Opalesque Industry Update - Hedge funds have posted their sixth monthly loss in 10 months in October 2014, according to Preqin's Hedge Fund Analyst. The industry has struggled to deliver absolute returns against a backdrop of market volatility, as well as concerns surrounding the impact of the end of the Fed's quantitative easing program. CTAs were also down for the month, ending their 6 months of consecutive gains but are still outperforming the main hedge fund benchmark for the year so far.

Other Key October Performance Facts:

  • The Hedge All Strategies and Regions benchmark was down 0.45% in October, bringing the YTD return to 2.92%.
  • The October 2014 YTD benchmark trails October 2013 YTD by 6.66 percentage points (2.92% compared to 9.58%).
  • Event-driven strategies generated a loss of 1.40%, following on from its loss of 2.04% last month.
  • Activist hedge funds delivered gains this month, posting 0.93% returns in October.

For more information, please see the full October benchmarks below:

Press Release

Preqin

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1