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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...