This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.  
  • Delicious




Standard And Poor's Reports June Hedge Fund Indices Returns

by Carla Johnson, Investors Offshore.com

04 July 2003

The recently released S&P Hedge Fund Index has revealed that hedge funds returned 0.47% in June, bringing the year-to-date returns to 5.96%.

Within this, the S&P Directional/Tactical Index, and the S&P Event-Driven Index, both of which have performed well in the year-to-date, were up 0.30% and 1.43% respectively last month. However, the S&P Arbitrage Index performed less well in June, climbing 0.25%.

The S&P Hedge Fund Index has 40 constituents, which are divided into the three aforementioned sub-indices. These, in turn, represent nine specific strategies, which include: Equity Market Neutral, Fixed Income Arbitrage, Convertible Arbitrage, Merger Arbitrage, Distressed, Special Situations, Long/Short Equity, Managed Futures, and Macro.

.

 

 






Write a comment