New York (HedgeCo.net) – The UCITS Hedge Fund Strategy (HFS) Index gained 0,41% in the second week of trading in July 2010, but is still down by -0,05% month to date (by business day 10, July 14th 2010).

Out of the eleven strategies five performed negative the last five trading days, but only Currency lost significantly (-1,09%) and now stands at -1,59% month to date. The three best performing strategies from a weekly perspective were Convertible (+1,42%), L/S Equity (+0,98%) and Event Driven (+0,68%), thereby also turning into the three best performing strategies month to date.

Due to the strong performance last week L/S Equity also turned positive from a year to date perspective (+0,33%), while the broad UCITS HFS Index now stands at +1,84% in 2010.

Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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