News

Indices continue to drop this week

May 21, 2004 at 11:45 am

Share this article

Nearly all the HFRX Indices lost ground in the week ended 17th May 2004, with only the Equity Market Neutral and Relative Value Arbitrage showing a small gain.
 
The CPARA_BREAK_SENTINEL_9f8e7d6c

Nearly all the HFRX Indices lost ground in the week ended 17th May 2004, with only the Equity Market Neutral and Relative Value Arbitrage showing a small gain.
 
The Convertible Arbitrage and the Event Driven Indices showed largest drop.

HFRX Hedge Fund Indices Performance 4 May-11 May

HFRX Global Hedge Fund Index          -0.51%
HFRX Convertible Arbitrage Index        -0.74%
HFRX Distressed Securities Index       -0.31%
HFRX Equity Hedge Index                   -0.59%
HFRX Equity Market Neutral Index        0.17%
HFRX Event Driven Index                     -0.80%
HFRX Macro Index                              -0.72%
HFRX Merger Arbitrage Index               -0.56%
Relative Value Arbitrage Index              -0.09%

Background Note: The HFRX Indices provide investors with accurate reference for true Hedge Fund single Strategy performance on a daily basis. HFRX Hedge Fund Indices are designed to be representative of the overall hedge fund universe and its major component strategies. Construction of the Global Hedge Fund Index and each HFRX Strategy Index employs state-of-the-art quantitative techniques and qualitative analysis. HFRX Indices are calculated and owned by Hedge Fund Research, Inc. using its proprietary methodology.