The Credit Suisse Hedge Fund Index up 0.87 per in July with eight of the ten sub-strategies recording positive performance for the month.

Managed Futures led the way with a return of 4.33 per cent, followed by Dedicated Short Bias (3.88 per cent), Long/Short Equity (1.52 per cent), and Global Macro (1.26 per cent).
 
The other positive performers for the month were Multi-Strategy (1.00 per cent), Equity Market Neutral (0.56 per cent), Fixed Income Arbitrage (0.30 per cent) and Event Driven 0.18 per cent).
 
The month’s biggest loser meanwhile was Emerging Markets which was down 2/01 per cent, while Convertible Arbitrage also finished the month in negative territory with a return of -1.04 per cent.