Middle East Report


Like this article?

Sign up to our free newsletter

Hedge funds up 3.29 per cent in July, says Preqin

Related Topics

Hedge funds continued their strong performance in July, with the Preqin All-Strategies Hedge Fund benchmark gaining 3.29 per cent, compared to June’s +2.53 per cent. This brought the YTD performance into positive territory (+2.88 per cent), and pushed the 12-month return to +5.46 per cent.

Equity strategies were the best performing top-level strategy tracked by Preqin in July, posting returns of +3.28 per cent, the same as in June. Global equities markets have recovered to almost record levels for some indices, aiding returns. Event driven strategies were the next best performing (+3.15 per cent), while credit strategies lagged (+1.35 per cent).

USD-denominated hedge funds posted the strongest returns of all top-level currencies tracked by Preqin in July (+3.86 per cent). BRL-denominated funds were close behind (+3.72 per cent), while hedge funds denominated in GBP delivered returns of -0.04 per cent, resulting in a negative -3.28 per cent performance YTD.

Following losses across all CTA strategies in June (-0.68 per cent), July marked a significant recovery, with returns ranging from +2.47 per cent (CTA – EUR) to +5.44 per cent (discretionary). YTD returns are positive for all CTA strategies save for euro-denominated funds (-0.02 per cent). 

Discretionary CTAs are the strongest of all strategies YTD with returns of +9.07 per cent, and funds of CTAs the weakest (-4.21 per cent).

Like this article? Sign up to our free newsletter

Most Popular

Further Reading


Man Group

Talk to Us

What would you like to talk with us about? *