Opalesque Industry Update - Final performance for the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) is confirmed up 1.59% in July and 2.22% YTD
Oliver Schupp, President of Credit Suisse Index Co., Inc., said, “The Dow Jones Credit Suisse Hedge Fund Index rose 1.59% in July, with eight out of ten sectors posting positive performance for the month. Among the top performers for the month were Emerging Markets (+3.52%) and Long/Short Equity (+2.53%), which benefited from beta-driven opportunities amid global equity market rallies. Dedicated Short and Managed Futures were the only two sectors with negative performance this month, finishing down 3.52% and 1.50% respectively.”
The following funds were added to the Broad Index in July: BlackRock Global Ascent, Brummer & Partners Archipel, Brummer & Partners Observatory Credit Markets Fund, Capula Global Relative Value Master Fund, Crabel Multi-Product Program, Finisterre Sovereign Debt Master Fund, Iridian Opportunity Fund, MAN AHL Diversified Programme, Segantii Asia-Pacific Equity Multi-Strategy Fund and Transtrend OmniTrend.
The following funds are no longer reporting to the Broad Index: RQSI Managed Futures, Rotella Polaris Fund and Thames River Kingsway Fund.
Full performance table available: Source