Most global equity funds make hay after uneven first half of 2012


July saw the majority of global equity hedge funds notch up positive returns — a welcome development after mixed results in June and a tough first half of the year generally for many funds in the peer group.

The Global Consumer Loyalty Fund led the way with a gain of 6.40% for a year-to-date return just shy of 30%. AAM Absolute Return made 4.87% on the month, while Godwin was up 4.72%, Artemis Global Hedge made 3.74% and Guinness Energy returned 3.62%.

RAB Octane was up 3.62%, Duet Global Plus gained 3.61%, Marshall Wace’s MW Global Opportunities was