Managed Futures, Credit Funds Post Best July Results

Aug 7 2012 | 11:27am ET

Managed futures and credit strategies posted strong returns in July according to hedge fund industry estimates released by eVestment|HFN.

CTA/managed futures strategies returned 2.44% in July and credit strategies 1.46%, compared to a 0.7% median return for all hedge funds. Year to date, managed futures are up 1.45% and credit strategies 6.35% compared to a 3.1% gain for hedge funds overall. The S&P 500 index, by way of comparison, was up 1.4% in July and 11.0% YTD.

eVestment|HFN attributes the strong performance by managed futures strategies to the return of trending U.S. dollar strength and the drought-induced spike in grain prices.

Hedge fund assets stood at $2.5 trillion at the end of June, having fallen for four consecutive months.

 


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...