Hedge Funds Up 0.17 per cent in August, Says Eurekahedge

Discussion in 'Wall St. News' started by dealmaker, Sep 18, 2019.

  1. dealmaker

    dealmaker

    Hedge Funds Up 0.17 per cent in August, Says Eurekahedge (HedgeWeek.com)
    The Eurekahedge Hedge Fund Index was up 0.17 per cent in August, bringing its year-to-date return to 6.58 per cent. Roughly 32.6 per cent of the hedge fund managers comprising the index have recorded double-digit gains over the first eight months of the year. The global hedge fund industry AUM has declined by USD9.4 billion as of August 2019 year-to-date. Final Q2 2019 net outflows figure stood at USD40.0 billion, as investor redemptions continued to slow down. Hedge fund managers recorded USD46.4 billion and USD94.7 billion of net outflows in Q1 2019 and Q4 2018, respectively.
     
  2. dealmaker

    dealmaker

    Hedge Fund Performance Update: August 2019 (Preqin.com)
    Amid growing fears of a worldwide market decline, the Preqin All-Strategies Hedge Fund benchmark lost 0.61% in August, pushing the 2019 YTD return down to +7.67%. CTAs gained 2.94% for the month to become the best performing fund type for the year so far. Among top-level strategies, macro strategies were the top performers in August with a return of +2.51%. This factsheet presents the hedge fund performance benchmarks for August 2019. Plus, the 2019 YTD and 12-month return figures across all top-level strategies, structures, denominations and size classifications.