hedge-fund-maze

Hedge funds finished the month of July in the red with the Eurekahedge Hedge Fund Index down 0.12%, and the MSCI World Index declining 0.83%.

On a year-to-date basis, hedge funds are up 3.71%, slightly ahead of underlying markets as the MSCI World Index has returned 3.4% over the same period.

Read: Conservative clients could hedge bonds

Key stats:

  • Net asset outflows for July were US$3.58 billion
  • European funds shed 1.12%, while Eastern Europe- and Russia-focused funds lost 3.28$ in July
  • Emerging market-focused funds gained for the sixth consecutive month, up 1% in July and 4.08% so far this year
  • Distressed debt funds gained for the 13th consecutive month, up 0.11% in July and 4.82% so far this year
  • Japanese funds are up 0.51%, outperforming the Nikkei 225 Index by more than 5% in 2014

Also read:

Alternatives a solution to high correlations

Are hedge funds suitable for the average investor?

Originally published on Advisor.ca

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