August results show that global hedge funds, using Hedge Fund Research’s HFRX UCITS III-compliant index, made modest gains of +0.17 per cent, bringing them to +0.18 per cent YTD.PARA_BREAK_SENTINEL_9f8e7d6c August results show that global hedge funds, using Hedge Fund Research’s HFRX UCITS III-compliant index, made modest gains of +0.17 per cent, bringing them to +0.18 per cent YTD. Unsurprisingly, given the rally on US and German treasuries, Relative Value arbitrage was one of the stronger performers, posting 0.70 per cent gains to put them at +3.57 per cent YTD. But the biggest gains for the month came from Macro strategy funds; up +1.45 per cent, and eradicating some of the year’s losses to leave them at -1.53 per cent YTD. In particular, systematic trend-following strategies posted 5 per cent gains (up 5.31 per cent YTD). Equity-based hedge funds were down -0.41 per cent.
$2bn tech-focused hedge fund SoMa Equity Partners to shutter
San Francisco-based hedge fund SoMa Equity Partners is winding down after returning capital to investors, bringing the curtain down on a…
More
Arcana hires former Goldman Sachs exec to Lead EMEA expansion
Portfolio intelligence provider Arcana has appointed former Goldman Sachs executive Rhys Williams as head of EMEA, as the technology firm…
More
ExodusPoint adds Pictet trader to London equities team
Multi-strategy hedge fund major ExodusPoint Capital Management has strengthened its London equities operation with the appointment of Jade…
More
