Hedge Fund News From HedgeCo.Net

Hedge Funds up 0.04 Per Cent in August, Says eVestment

(Hedgeweek) Overall industry hedge fund performance came in at +0.04 per cent in August, bringing year to date (YTD) 2018 industry performance to +1.10 per cent, according to data released by eVestment. Among primary strategies, event driven-activist funds were among the big winners in August, with performance of +1.93 per cent, bringing YTD performance to +2.72 per cent. Managed futures funds also put up strong returns in August, coming in at +1.77 per cent for the month, although these funds’ performance is still negative for the year at -1.83 per cent.

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