Hedge funds were up 1.01% in July 2012, according to the Eurekahedge Hedge Fund Index, bringing their year-to-date gains to 2.49%.
Funds of funds were up 0.87% in July (1.65% YTD).
All strategies tracked by Eurekahedge ended the month in the black, with the best performances turned in by CTA/managed futures, up 2.49% (1.77% YTD); fixed income, up 1.28% (5.13% YTD); and event-driven, up 1.05% (2.81% YTD).
In regional terms, Japan and Asia ex-Japan funds were the only losers, down 0.60 and 0.18%, respectively, for the month (up 0.29% and 1.53% YTD). The best performers for July were Eastern Europe and Russia hedge funds, up 2.27% (up 0.07% YTD); and European hedge funds, up 1.27% (2.72% YTD).
Eurekahedge’s results are based on a database of 12,311 hedge funds and 4,444 funds of funds with 72.89% of funds reporting their July 2012 returns.