The Credit Suisse Hedge Fund Index finished up 0.88 per cent for the month of August with seven of the ten sub-strategies finishing the month in positive territory.
Managed futures led the way with a return of 5.02 per cent, followed by long/short equity (1.29 per cent), global macro (1.13 per cent) and multi strategy (0.83 per cent).
Dedicated short bias was the month’s biggest loser, down 3.13 per cent, while convertible arbitrage (-0.28 per cent) and equity market neutral (-0.02 per cent) also saw negative returns.
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