Valuewalk.com
0
All posts from Valuewalk.com
Valuewalk.com in Valuewalk.com,

Hedge Funds Up 0.38% After Bouncing Back From Previous Month’s Losses

Hedge Funds Up 0.38% After Bouncing Back From Previous Month's Losses by Eurekahedge

Hedge Funds started the second half of 2015 on a positive note with the Eurekahedge Hedge Fund Index up 0.38%1in July while the MSCI World Index2gained 1.34% during the month. Market sentiment improved as the impasse in Greek debt negotiations was resolved in July and the Chinese equity markets showed some signs of bottoming out following aggressive intervention by the Chinese authorities. On a year-to-date basis, hedge funds are up 3.68%, which compares with a gain of 2.94% seen over the same period last year.Key takeaways for the month of July 2015:

  • Hedge funds were up 0.38% in July, with developed market mandates outperforming their emerging market peers. Total industry AUM has grown by US$100 billion in 2015, with roughly half of this growth coming from new investor allocations.
  • European hedge funds posted the best returns among all regional mandates with gains of 1.03% in July and 5.48% year-to-date.
  • Japanese hedge funds posted their sixth consecutive month of positive returns for the year, and were up 0.62% in July, 5.95% year-to-date.
  • The Eurekahedge Long/Short Equity Hedge Fund Index is up 5.98% year-to-date, comfortably outstripping its annual gains of 3.41% from 2014 as well as outperforming the MSCI AC World Index which is up 5.10% in the first seven months of 2015.
  • China investing hedge funds posted their worst monthly loss since January 2008, losing 8.33% in July, but are up 10.84% year-to-date.
  • On a year-to-date basis, Asia ex-Japan mandated hedge funds lead with returns of 9.87% and have outperformed the MSCI AC Asia ex Japan Index by 8.74%.
Main Indices Jul 20151 Last 3 Months 2015 Returns 2014 Returns Annualised Returns Constituents Weighting
Eurekahedge Hedge Fund Index 0.38 -0.21 3.68 4.41 9.47% 2,913 Equal
Eurekahedge 50 0.86 0.40 2.86 3.04 6.21% 50 Equal
Eurekahedge Long Short Equities Hedge Fund Index -0.03 0.32 5.98 3.41 9.26% 1,151 Equal
Eurekahedge North American Hedge Fund Index 0.75 1.01 3.20 5.50 10.16% 695 Equal
Index of the Month Jul 20151 Last 3 Months 2015 Returns 2014 Returns Annualised Returns Constituents Weighting
Eurekahedge Greater China Hedge Fund Index -8.33 -9.39 10.84 7.57 16.52% 85 Equal

Main Indices

...
Eurekahedge Main Indices Jul 20151 2015 Returns 2014 Returns
Eurekahedge Hedge Fund Index 0.38 3.68 4.41
Eurekahedge Fund of Funds Index 0.80 3.55 3.44
Eurekahedge Long-only Absolute Return Fund Index -0.96 4.24 3.47
Eurekahedge Islamic Fund Index -0.59 1.84 2.62

More