Thursday, 2 July 2015
Last updated 14 hours ago
Sep 18 2012 | 9:25am ET
Hedge funds were up 0.61% in August for a year-to-date gain of 3.15%, according to the Eurekahedge Hedge Fund Index.
CTA strategies produced the only red ink for the month, losing 0.50% (up 1.46% YTD). All other strategies tracked by Eurekahedge ended August with gains, led by distressed debt funds, up 2.08% (5.82% YTD); event-driven funds, up 1.87% (4.55% YTD); and relative value funds, up 1.08% (7.33% YTD).
Abitrage funds were up 0.71% (4.62% YTD); fixed-income funds were up 0.93% (5.86% YTD); long/short equities strategies were up 0.87% (2.84% YTD); macro funds up 0.61% (1.80%) and multi-strategy funds up 0.64% (3.75% YTD).
Among the regional strategies, the only losers were Japan funds, down 0.74% in August (and down 0.64% YTD). North American funds were up 0.99% for the month (4.56% YTD); European funds were up 0.58% (3.12% YTD); Eastern European funds were up 0.59% (0.27% YTD); emerging markets funds were up 0.78% (3.55% YTD); Asia ex-Japan funds were up 0.69% (2.22% YTD); and Latin American funds were up 1.01% for August (6.99% YTD).
Funds of funds were down 0.54% in August, although they're up 2.19% YTD
Relative-value funds now account for assets under management worth US$60 billion while CTA/managed futures funds have now witnessed six months' of negative asset flows, losing US$16 billion between February and August 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…