Vast majority of hedge funds see positive returns in August

(Opalesque) The aggregate return for the global hedge fund business was +0.77% in August, a return to positive territory following a dip into the red in July, according to the just-released eVestment August hedge fund performance data. The vast majority of mangers reporting to eVestment (67.4%) had positive returns last month, the best level in three months.

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