WEST PALM BEACH, FL (www.hedgeco.net) – The average European based hedge fund posted gains for the second month in a row to its highest level in 18 months according to EuroHedge. The firm\u00c3\u00af\u00c2\u00bf\u00c2\u00bds hedgefund index rose by 1.30 percent in June compared to .59 percent achieved in May. In April EuroHedge Composite Index lost 0.50 percent which was the worst month for the index since 1998.<\/p>\n
EuroHedge said in a statement that its average hedge fund returns during the first half of 2005 stood at 3.35 percent. The top performing sectors according to EuroHedge were, managed futures, particularly those investing in stock, bond and currency portfolios. Managed Futures returned 2.86 percent in June according to data from EuroHedge. In May the strategy posted gains of 1.62 percent.<\/p>\n
EuroHedge data also showed that hedge funds investing in fixed income strategies were the worst performers for the month with returns of 0.15 percent for June. The Convertible-bond strategy bounced back in June according to EuroHedge, but the strategy is still struggling following the downgrading of auto makers bond statues few months ago.<\/p>\n
Some analysts believe that hedge fund\u00c3\u00af\u00c2\u00bf\u00c2\u00bds recent troubles, which led to higher than normal level of redemptions may be over for now. This leads many in the industry to believe that hedge funds will do better in the second half of 2005 than they did in the first half. In 2004, the bulk of positive returns posted by hedge funds occurred during the last quarter. It is likely that such pattern may be repeated again in 2005 some analysts think.<\/p>\n
Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net<\/p>\n
HedgeCo.Net is the most popular hedge fund database and community in the world. Membership on HedgeCo.Net<\/a> is free and easy. We also offer free listings for Hedge Funds!<\/font><\/b><\/p>\n Be sure to check out our sister sites. www.hedgefundlounge.com<\/a>, www.hedgefundtools.com,<\/a><\/strong> and www.hedgefundemployment.com.<\/strong><\/a><\/font><\/b><\/p>\n","protected":false},"excerpt":{"rendered":" WEST PALM BEACH, FL (www.hedgeco.net) – The average European based hedge fund posted gains for the second month in a row to its highest level in 18 months according to EuroHedge. The firm\u00c3\u00af\u00c2\u00bf\u00c2\u00bds hedgefund index rose by 1.30 percent in […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3230","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3230"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3230\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}