Friday, 22 August 2014
Last updated 2 hours ago
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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note