Eureka: Hedge Funds Drop 0.5%

Jul 15 2010 | 11:51am ET

Hedge funds shed 0.5% last month, burned by volatile equity markets.

The Eurekahedge Hedge Fund Index posted its second straight monthly loss in July, leaving it essentially flat—down less than 0.1%—through the first half. Equity hedge funds took it especially hard, losing 1.1% on the month.

Commodity trading advisers had the best July of any strategy tracked by Eurekahedge, rising 0.6%. Fixed-income funds added 0.5%, enjoying the second-best return of the first half, following distressed debt funds, which rose 6.4% between January and June.

Regionally, four of seven indices took a dive last month, none more so than that track Eastern European and Russian hedge funds, which dropped 2.3%. North American hedge funds shed 0.9%.

Latin America funds were the best bet in June, adding 1%, and 1.5% through the first half. Asia ex-Japan funds plummeted 3.1% on the half, the worst of any regional index.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...