The Hennessee Hedge Fund Index lost -1.20% in August (+6.99% YTD)

(Opalesque) The U.S.-China trade war escalated to new heights, weighing on risk-asset performance and sending global rates sharply lower. After little materialized from the Shanghai trade talks at the end of July, President Donald Trump announced tariffs of 10% on an additional $300 billion of Chinese goods.

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