Wednesday, 20 August 2014
Last updated 1 hour ago
Sep 6 2012 | 9:58am ET
Hedge funds returned 0.7% on average in August 2012, bringing their year-to-date gains to 4.2%, according to the latest stats from eVestment|HFN Research.
The best performers in August were multi-strategy funds (up 1.52%), long-short equity funds (up 1.28%) and event-driven/distressed funds (up 1.07%). The only losing strategies for the month were managed futures (down 0.98%) and FX strategies (down 0.19%).
Year to date, all strategies monitored by eVestment|HFN Research were in the black, led by long/short equity strategies, up 4.67%.
Emerging market funds returned 2.0% during the month and are up 5.9% YTD. But funds focused on Japan fell more than 3% in August despite a rally on the Nikkei.
Updated estimates for July show investors pulled about $11.8 billion out of hedge funds that month, as total assets under management reached $2.52 trillion. Global macro and managed futures hedge funds saw outflows of $2.4 billion in July, which eVestment|HFN attributes to their underperformance in 2012.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note