Hedge Fund Index Returns in August: Eurekahedge, Lyxor, Credit Suisse

The Eurekahedge Hedge Fund Index dropped 2.13% in August, with waning confidence of investors in the market and concerns over European debt crisis, but it still outperformed the global equity markets by 5.57% as managers focused on capital preservation strategies, according to the Eurokahedge’s report. The MSCI World Index was down by 7.70% with a downgrade of US Treasuries, which also caused the S&P Goldman Sachs Commodity Index to go down by 1.85% for the month. The losses rose in August to $ 3.2 billion but, at the same time, hedge funds have continued to attract capital with a net inflow of $ 1.51 billion in the industry (120.8 billion of net entries since the beginning of the year).

The negative performance of the “Lyxor Hedge Fund indexes” was -2.19% in August. The index, which reflects the average performance of 14 strategy indices, displays a negative performance of – 3.8% at end of August (since the beginning of the year).In august, the alternative strategies which have the better performance are: Lyxor L/S Equity Short Bias Index (+ 5.55%), Lyxor CTAs Short Term Index (+ 2.21%) and Lyxor Fixed Income Index (+0.26%).

Dow Jones Industrial Average 2 Minute (INDEXDJX:^DJI)

The Dow Jones Credit Suisse Hedge Fund Index was down by 2.30% in August as well, compared with a drop of 7.69% for the Dow Jones Global Index.
Oliver Schupp, President of Credit Suisse Index Co., LLC, said, “The Dow Jones Credit Suisse Hedge Fund Index fell 2.30% in August, although three out of ten sectors posted positive performance for the month. Overall, the index outperformed global equities by more than five percentage points with Dedicated Short Bias delivering the strongest performance, gaining 6.56% as short positions across equity markets proved profitable amidst broad market downturns. Global Macro also gained 1.91% as managers employed tactical trading strategies to navigate the high levels of volatility seen in August.” Schupp continued, “The industry saw an estimated $4.77 billion in inflows. Including August’s performance, total industry assets are now estimated at $1.79 trillion.”

Dark month of August for hedge funds
According to the monthly report of the Edhec-Risk Institute, the performance of hedge funds were particularly poor in the month of August, some strategies registering their lowest performance since the crisis of the subprimes. Most hedge funds strategies have been affected by the setbacks in the stock market. In addition to the short sale (+6.97%), the only positive strategy in August was the CTA Global (0.27%) strategy.

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!