Performance

Rebound persists as most strategies shine in August

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European hedge funds had another strong month in August, with the EuroHedge Composite Index up 1.29% on a median basis (for a year-to-date gain of 6.16%) and 1.91% on a mean average basis (for a YTD return of 9.71%).

Convertible and emerging market equity funds - two of the biggest fallers last year - are now showing mean returns for the year of over 30%, with the mean returns in European long/short, fixed-income, mixed arbitrage and multi-strategy, credit and emerging market debt all comfortably into double digits after two thirds of the year.


EUROHEDGE INDICES

Strategy

Medians Aug 09

Medians YTD 09

Means