All strategies bar macro and CTAs positive again


Managed futures and macro were the only medians to post negative returns in August as most European hedge funds enjoyed another solid month after their strong showing in July.

The EuroHedge Composite index was up by 0.40% on a median basis, and by 0.44% on a mean average basis, for respective returns of 2.55% and 3.02% after the first eight months of the year.

The medians for emerging market equity and credit funds were both up by almost 1% on the month – while European equity, global equity, event-driven, convertibles, emerging market debt and