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In the week ending August 14th 2020, a report by HFR pointed out that hedge funds surged in July to begin H2 2020, with the HFRI Fund Weighted Composite Index (FWC) posting the 2nd highest monthly gain since January 2019 and the 3rd strongest gain since 2010 - the HFRI FWC climbed +3.2 percent for the month, topping the gain of the DJIA.

The Eurekahedge Hedge Fund Index was up 2.61%1 in July, bringing its year-to-date return to 1.73%, supported by the robust performance of underlying global equity markets as represented by the MSCI ACWI IMI (Local) which gained 3.67% over the month.

The gross return of the SS&C GlobeOp Hedge Fund Performance Index for July 2020 measured 1.82% - hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.55% in August; CTAs had a strong month of performance in July with all three SG CTA Indices returning positive numbers and July was the strongest month performance this year for both the SG CTA and Trend Indices - trend Followers were the best performing CTAs in July with the SG Trend Index returning +3.07% while the SG CTA Index returned +2.57%.

In new launches, San Francisco, CA-based venture capital firm Industry Ventures closed Industry Ventures Direct II, at $180m; Alternative credit specialist CIFC has ......................

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