Global Macro Advances, Long/Short Declines In January: Global macro hedge funds rose in January, while long/short funds tumbled with the stock market, according to Credit Suisse Asset Management
The LAB Global Macro Liquid Index, which tracks only those alternative investment funds using liquid, tradeable strategies, rose 1.18% last month. The LAB Long/Short Index, by contrast, dropped 1.46%.
“Despite overall negative performance, Long/Short Equity hedge funds outperformed major global equity market indices in January,”
Jordan Drachman, head of research for alternative beta strategies, said.
“On the other hand, the Credit Suisse Global Macro Liquid Index finished the month up 1.18% in January as many macro managers removed some of the risk from their books in the new year.”
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SEC, FSA To Boost Cooperation On Hedge Funds: U.S. and British regulators agreed to expand their cooperation on hedge fund oversight. The two sides agreed to increase their cooperative efforts on hedge fund adviser surveillance
SEC, FSA To Boost Cooperation On Hedge Funds: U.S. and British regulators agreed to expand their cooperation on hedge fund oversight. The two sides agreed to increase their cooperative efforts on hedge fund adviser surveillance
Securities and Exchange Commission Chairman Mary Schapiro and UK Financial Services Authority (FSA) Chairman Adair Turner and Chief Executive Hector Sants met in London as part of the SEC - FSA Strategic Dialogue - Press Release