Performance

Few funds shine in August as market chaos takes its toll

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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