Hedge funds drop 1.76% in August

Wed Sep 7, 2011

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Full index stats and benchmarks are now live from HedgeFund Intelligence. Also, see links to the latest stories from EuroHedge, AsiaHedge, InvestHedge, AR and Absolute UCITS.


August was a difficult month for hedge funds, although they still significantly outperformed the major market indices. The HedgeFund Intelligence Global Composite Index dropped 1.76% against a 7.05% loss in the MSCI World Index (net).

Emerging Market Equity funds fell 7.24%, making them the worst global performers of the month. Through August, the Index is down 8.40% which is its worst performance since 2008, when it was down 15.25% during the same period.

Event Driven funds fell 4.65% in August, and are down 3.87% for the year so far. This is the worst monthly performance for the strategy since September 2008 when Event Driven funds fell 5.85%.

Our indices are updated daily as new funds report to the HedgeFund Intelligence databases, which contain performance information for nearly 8,000 funds (and 2,700 firms) globally. Please view the individual indices (using the links below) for the most up-to-date performance data.

HedgeFund Intelligence Indices

Median Hedge Fund Returns by region

Region Database
(click for full stats)
August YTD
Asia AsiaHedge -2.12% 1.34%
Europe EuroHedge -1.77% -1.71%
U.S. AR -1.40% 0.77%
UCITS Absolute UCITS -2.36% -2.65%
Funds of Funds InvestHedge -1.32% -1.23%
Global Composite HedgeFund Intelligence -1.76% -0.68%

Global Benchmarks

Index August YTD
MSCI World Index -7.05% -3.90%
Dow Jones Industrial Average -4.36% 0.31%
S&P 500*
-5.43% -1.77%
NASDAQ Composite -6.42% -2.77%
MSCI Europe Index -9.55% -11.56%
MSCI Pacific Free Index -7.10% -7.15%
Barclays High Yield Credit Bond Index -4.00% 1.95%
Barclays Aggregate Bond Index 1.46% 5.90%
* total return

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