Hedge funds increased slightly in January, according to data by RBC Capital Markets.
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The New York corporate and investment banking arm of Royal Bank of Canada, announced Thursday that the RBC Hedge 250 Index has a return of 1.18% last month, versus its 1.4% return in December.
The RBC Hedge 250 Index is an investable benchmark of the performance of the hedge fund industry. It tracks 5,714 hedge funds with aggregate assets under management of $1.271 trillion.
From its inception on July 1, 2005, through the end of December, the index has had an annual net return rate of 11.16%.
