Preqin: Hedge Funds Lose 0.15% In July

Aug 19 2014 | 10:56am ET

The Preqin Hedge Fund All Strategies index fell 0.15% in July.

Multi-strategy and activist funds were the best performers in July, each adding 0.32% (the former up 3.79% year to date, and the latter up 5.34%).

Macro strategies were up 0.25% in July (2.21% YTD) and were the only leading strategy to exceed their January-July 2013 returns of 1.50%. Relative value strategies were flat, adding 0.02% (3.12% YTD).

Event-driven strategies were the biggest losers, shedding 0.85% in July (but are up 4.37% YTD). Preqin noted that this was the first losing month for these funds since August 2013. Long/short strategies shed 0.27% (but are up 3.42% YTD).

In terms of regions, Asia-Pacific funds were up 2.25% in July (4.20% YTD) while North American and Europe funds were in the red, shedding 1.08% and 1.37%, respectively. North American funds are up 4.53% YTD while Europe funds are up 2.10%.

Funds of hedge funds lost 0.34% in July (up 1.91% YTD).

UCITS funds were down 0.01% on the month (up 1.80% YTD).

CTAs were up 0.19% in July (2.03% YTD).


In Depth

Whisky Business: The Ultimate Liquid Alternative Investment

Sep 15 2014 | 7:02am ET

David Robertson knows his single-malt whisky—he was the Master Distiller at the...

Lifestyle

Hedgies Rock Out For Children's Charity

Sep 15 2014 | 8:40am ET

It's that time of year again—when hedgies trade in their spreadsheets for guitars...

Guest Contributor

Volkered: How Financial Sector Reforms are Creating Opportunities for Hedge Funds

Sep 16 2014 | 11:28am ET

New regulations have dramatically curtailed proprietary trading activity in investment...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.