Sat, Nov 28, 2015
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Eurekahedge reports hedge funds up 0.90% over July, 3.3% year to date

Tuesday, August 13, 2013

Beverly Chandler, Opalesque London:

Eurekehedge reports that hedge funds returned to their winning ways in July as global markets bounced back from a retreat in June. The Eurekahedge Hedge Fund Index was up 0.90% during the month of July (3.3% year to date) against the MSCI World Index return of 4.83% in July.

Key highlights for July 2013 included:

  • Hedge funds up by 0.90% in July, with 70% of reporting funds delivering positive returns during the month
  • Funds of hedge funds outperformed single manager funds in July, up 0.98% and remain ahead year-to-date
  • Japanese hedge funds outperformed the Nikkei 225 for the third consecutive month, up 18.63% as at end-July 2013
  • Hedge funds witnessed positive asset flows in July; net allocations for the year currently stand at US$75 billion
  • As at end-July 2013, Eurekahedge is currently tracking more than 550 funds that have delivered over 15%, 300 funds that are up more than 20% and 100 funds up more than 30%
Regionally, Eurekahedge reported that July witnessed rallies in global markets which overcame the speculation about the slowdown in the US Federal Reserve’s bond-buying program. "Although Japanese equities finished lower for the third consecutive month, positive indications on accommodative monetary policy from the US as well as the European Central Bank were supportive for most global indices. Healthy Q2 corporate earnings fro......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November