(Hedgeweek) Hedge funds gained 0.42 per cent in August according to the Barclay Hedge Fund Index compiled by BarclayHedge, versus a 3.26 per cent increase in the S&P 500 Total Return Index. Year to date, the Barclay Hedge Fund Index is up 1.55 per cent, while the S&P has gained 9.94 per cent. “New all-time highs for the S&P 500 and Nasdaq coupled with a rally in US Treasuries helped set the stage for another profitable month for hedge funds,” says Sol Waksman, founder and president of BarclayHedge.
Barclay Hedge Fund Index gains 0.42 per cent in August
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