Opalesque Industry Update - Greenwich Alternative Investments announced that the Global Hedge Fund Index gained 1.03% in August, bringing the year-to-date result to +3.88%.
Hedge Fund Strategy Highlights:
Positive trend continues for all but one strategy in August
Long-Short Credit continues to be the dominant strategy this year; August gain of 1.34%
brings it to an average gain of 7.73% YTD
Event Driven strategy is the leader for the month, rising1.63% on average in August. It is
closely followed by the 1.60% gain of the Equity Market Neutral strategy
Year-To-Date results remain positive for all strategies
August 2012
YTD
Greenwich Global Hedge Fund Index
1.03%
3.88%
Equity Market Neutral
1.60%
2.64%
Event-Driven
1.63%
4.86%
Arbitrage
0.97%
6.73%
Long/Short Equity
1.34%
3.59%
Futures
0.35%
1.76%
Macro
-0.03%
2.41%
Long/Short Credit
1.34%
7.73%
Multi-Strategy
0.70%
4.03%
(press release)
The Greenwich Global Hedge Fund Index is one of the oldest benchmarks of the hedge fund
universe. Full Strategy and Regional results for August will be available in mid-September, once
additional funds have submitted returns. Final Index results will be available on the third business
day in October. Past performance and indices construction rules for all Greenwich Hedge Fund
Indices may be viewed at www.greenwichai.com.