The RBC Hedge 250 Index rose by 0.17 per cent in August, bringing its year-to-date return to 0.38 per cent.
These returns are estimated and will be finalised by the middle of next month. The return for July 2010 has been finalised at 0.86 per cent.
The best performing strategy in August was managed futures, which saw a rise of 3.40 per cent. This was followed by macro, up 1.36 per cent.
The worst performing strategy was equity long/short, down 0.75 per cent.
The RBC Hedge 250 Index is an investable benchmark of the performance of the hedge fund industry. The universe on which the Index is based currently consists of 5,475 hedge funds (excludes funds of hedge funds) with aggregate assets under management of USD972bn.
