Final performance for the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) is confirmed up 1.59% in July and 2.22% YTD
“The Dow Jones Credit Suisse Hedge Fund Index rose 1.59% in July, with eight out of ten sectors posting positive performance for the month.” Oliver Schupp, President of Credit Suisse Index Co., Inc., said, “Among the top performers for the month were Emerging Markets (+3.52%) and Long/Short Equity (+2.53%), which benefited from beta-driven opportunities amid global equity market rallies. Dedicated Short and Managed Futures were the only two sectors with negative performance this month, finishing down 3.52% and 1.50% respectively.”
About Alex Akesson
Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications.
Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.
Dow Jones Credit Suisse Hedge Fund Index up 1.59% in July
Final performance for the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) is confirmed up 1.59% in July and 2.22% YTD
“The Dow Jones Credit Suisse Hedge Fund Index rose 1.59% in July, with eight out of ten sectors posting positive performance for the month.” Oliver Schupp, President of Credit Suisse Index Co., Inc., said, “Among the top performers for the month were Emerging Markets (+3.52%) and Long/Short Equity (+2.53%), which benefited from beta-driven opportunities amid global equity market rallies. Dedicated Short and Managed Futures were the only two sectors with negative performance this month, finishing down 3.52% and 1.50% respectively.”
About Alex Akesson
Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications. Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.