Equity Long/Short Hedge Funds Suffer As European Stocks Retreat

When hedge funds are having a bad run, mid-sized funds tend to perform comparatively better than their bigger counterparts. However, this was not the case in July, when it seems that every fund lost its footing. According to Eurekahedge, the average hedge fund was down .12% over the last month.

European hedge funds struggle

Hedge fund performance was the worst in the European region, followed by American funds. In contrast, emerging markets and Asian hedge funds were gaining, while the developed world's industry struggled. The European hedge fund index was down 1.1%, whereas the North American index was down .67% in July. The Russian and Eastern European index did...