Hedge Funds Inch Up In August, Lyxor Says

Sep 9 2010 | 1:51am ET

Hedge funds were essentially flat in August, continuing a seriously uninspiring year of the asset class.

The Lyxor Hedge Fund Index added just 0.05% last month. It is up 0.84% on the year. By contrast, the Standard & Poor’s 500 Index fell 4.5% in August and is down 4.6% on the year.

Commodity-trading advisers enjoyed the strongest August, rising 3.86%. Convertible and volatility arbitrage funds returned an average of 1.95% and short-bias funds 1.25%.

Faced with falling stock markets, long-bias funds posted the worst performance in August, dropping 1.48%. Statistical arbitrage equity funds did only slightly less bad, losing 1.4% on the month.


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of