Home Breadcrumb caret Industry News Breadcrumb caret Industry Breadcrumb caret Investments Breadcrumb caret Market Insights Hedge funds back in the red The Eurekahedge Hedge Fund Index is down 0.12%, and the MSCI World Index declined 0.83%. By Staff | August 12, 2014 | Last updated on August 12, 2014 1 min read 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? Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo