Hedge Funds Fall Again, Emerging Markets Fall Fastest

Sep 18 2008 | 9:15am ET

Emerging markets funds continued their terrible 2008 run in August, according to yet another index release.

All the strategies in the Eurekahedge Hedge Fund Index were in negative ground last month, while the index overall fell 1.4%, its third consecutive down month. It is down 3.4% year-to-date.

Emerging markets lost 3.3% in August, Eureka said. Russian and Eastern Europe funds, in particular, suffered, dropping 8.6%, while Asian and Japanese funds dropped 2.3%. European funds fell 1.4%.

By contrast, relative value and macro funds did relatively well.

“Going into September, we see most major markets trending in a similar fashion to the seen in August, with equities across the board being volatile and negative,” Eureka said in a statement.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note