Wednesday, 17 September 2014
Last updated 5 hours ago
Aug 17 2010 | 12:52pm ET
Hedge funds gained 2.37% in July, but are down 0.86%, according to Bloomberg's global hedge fund indices.
Equity Statistical Arbitrage led the pack, returning 3.92% in July (0.68% YTD), with Equity Fundamental Market Neutral close on its heels, gaining 3.78% for the month (-7.74% YTD).
The only strategy to lose ground was Mortgage Backed Arbitrage, which dipped 0.65%, but is still up 5.72% YTD.
Fund of hedge funds faired slightly better, on average, with that category returning 2.45% in July (-3.64% YTD).
BLOOMBERG HEDGE INDEX
|Equity Statistical Arbitrage||3.915||0.682|
|Equity Fundamental Mkt. Neut.||3.783||-7.743|
|Capital Structure/Credit Arb.||3.654||9.466|
|Emerging Market Equity||2.275||2.205|
|Short Bias Equity||2.175||-0.716|
|Fixed Income Arbitrage||2.061||4.965|
|Long Bias Equity||1.408||-3.019|
|Emerging Market Debt||0.462||1.433|
|Mortgage Backed Arbitrage||-0.653||5.723|
|Aggregate Hedge Fund *||2.367||-0.858|
|Fund of Hedge Fund *||2.453||-3.649|
|*denotes aggregate indices|
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