Opalesque Industry Update - The Greenwich Global Hedge Fund Index ended the month of July down -0.33%. Equity markets were down in July with the MSCI World Index down -1.67% and the S&P 500 down -1.38%. Bond markets as measured by the Barclays Aggregate Bond Index were down -0.25%. Emerging Markets were a bright spot in the month with the MSCI Emerging Markets Index up +1.43%.|
Hedge Fund Strategy Highlights
Multi-Strategy also performed well this month, up +0.38%.
Event Driven strategies had their worst month of the year down -1.23%.
Long/Short Equity Funds were down -.44% but did dramatically better then the equity markets indices.