(Valuewalk) The hedge fund industry posted overall returns of 2.17% in July, marking the largest cumulative period of positive performance since May 2013, with the industry returning 6.96% since the beginning of March. As a result, 2016 YTD returns now stand at 3.67%, and 12-month performance has returned to positive territory for the first time since December, at 1.58%. All leading strategies posted positive returns for the month, with equity strategies (+2.78%) and event driven strategies (+2.71%) in particular making gains. For 2016 so far, event driven strategies (+6.13%) and macro strategies (+4.57%) have the highest performance, with equity strategies (-0.12%) being the only fund type which is still showing negative 12-month returns.
Hedge Funds Mark Fifth Consecutive Month Of Gains In July
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