Hedge funds bounce back from lull to deliver winning returns in July

Hedge funds returned to their winning ways in July as global markets bounced back from a retreat in June. The Eurekahedge Hedge Fund Index was up 0.90% during the month, the MSCI World Index was up by 4.83% in July.

Key takeaways for the month of July 2013:

• Hedge funds up by 0.90% in July, with 70% of reporting funds delivering positive returns during the month
• Funds of hedge funds outperformed single manager funds in July, up 0.98% and remain ahead year-to-date
•  Japanese hedge funds outperformed the Nikkei 225 for the third consecutive month, up 18.63% as at end-July 2013
• Hedge funds witnessed positive asset flows in July; net allocations for the year currently stand at US$75 billion
• As at end-July 2013, Eurekahedge is currently tracking more than 550 funds that have delivered over 15%, 300 funds that are up more than 20% and 100 funds up more than 30%

To read more, please see the full Eurekahedge Index Flash, also accessible on Scribd and Issuu.