Credit Suisse: Hedge Funds Lose 1.28% In YTD

Aug 6 2014 | 11:21am ET

Hedge funds wilted in the July heat, an industry replication index shows.

The Credit Suisse Liquid Alternative Beta Index dropped 1.28% last month, more than halving its year-to-date gain to 0.91%.

Event-driven funds took the biggest hit, falling 2.17% (up 0.88% year-to-date). Global strategies dropped 1.13% (up 0.28% YTD) and long/short dipped 0.5% (up 3.23% YTD).

Managed futures funds did best in July, adding 0.23% (down 4.19% YTD). Merger arbitrage rose 0.1% (down 2.43% YTD).


In Depth

Q&A: Old Hill's Stone On Private Debt, P2P And Credit Bubbles

Jun 6 2017 | 7:52pm ET

While institutional capital continues to flow into the broader private debt sector...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of