Few funds shine in August as market chaos takes its toll

Mon Sep 12, 2011

With numbers in from nearly half of the funds reporting to the EuroHedge database, it is clear that August was a grim month for all but a few European hedge funds as rapidly mounting concerns over the Eurozone debt crisis and faltering global economic growth took their toll on world markets.

The EuroHedge Composite Index is showing a median return of -1.95% at this stage – with all strategy areas currently showing negative returns with the exception of managed futures, fixed-income and dollar-based macro funds.

The provisional median return is roughly level with the poor showing in May 2010, when the EuroHedge Composite Index was down by 1.98% in an equally calamitous month in the equity markets.

But the provisional result...

ISSN: 2151-1845 / CDC10004H

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