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
But the provisional result...