Monday, 26 January 2015
Last updated 9 hours ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…