Tuesday, 1 September 2015
Last updated 1 hour ago
Sep 11 2012 | 8:51am ET
Hedge funds added 0.47% in August, putting them up 3% year to date according to the Eurekahedge Hedge Fund Index.
All strategies tracked by Eurekahedge were in the black in August with the exception of CTA/managed futures funds, which lost 0.63% (although they’re up 1.33% YTD).
The best performers were event-driven funds, up 1.65% in August (4.36% YTD); relative value funds, up 1.14% on the month (7.34% YTD) and distressed debt funds, up 1.07% in August (4.73% YTD).
Broken down by region, the best performers in August were Latin American funds, up 1.09% (7.08% YTD); followed by North American funds, up 1.02% (4.59% YTD). The biggest August losers were Japan hedge funds, down 0.73% (down 0.64% YTD).
Relative value funds have attracted significant assets in 2012; Eurekahedge puts their current assets under management at US$60 billion. CTA/managed futures funds, on the other hand, recorded their sixth consecutive month of outflows, losing US$16 billion since February 2012.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…