RBC Hedge 250 Index Adds 1.05% In July

Aug 16 2013 | 9:01am ET

Hedge funds returned 1.05% in July, according to the RBC Hedge 250 Index, putting their year-to-date gains at 4.87%.

Most strategies tracked by the index ended the month in positive territory, with the exception of managed futures, down 0.16% (and down 1.82% YTD); and convertible arbitrage funds, down 0.05% (but up 5.93% YTD).

Mergers and special situations funds performed best in July, up 2.56% on the month (11.59% YTD); followed by equity long/short funds, up 2.35% (8.08% YTD); equity market neutral funds, up 1.40% (2.92% YTD); and fixed-income arbitrage funds, up 0.95% (3.32% YTD).

Credit funds were up 0.60% in July (6.35% YTD); multi-strategy funds were up 0.53% (7.09% YTD); and macro funds were flat, adding 0.02% (and are down 1.12% YTD).

The non-investable index is based on a universe of 4,566 hedge funds with aggregate assets under management of $1.517 trillion.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note