Tuesday, 7 July 2015
Last updated 4 hours ago
Sep 14 2012 | 11:10am ET
Hedge funds added 1.06% in August, bringing their year-to-date gains to 3.81%, according to the RBC Hedge 250 Index.
Leading the pack for the month were fixed-income arbitrage funds, adding 2.02% (12.80% YTD); followed by mergers and special situations, up 1.82% (5.08% YTD); and equity long short funds, up 1.57% (4.12% YTD).
The only red ink in the August index was generated by managed futures funds, down 0.86% (down 0.48% YTD).
The index is a non-investable industry benchmark based on a universe of 4,257 hedge funds with aggregated assets under management of $1.032 trillion.
The return for July 2012 has been finalized at 0.75%.
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…