The world’s hedge funds are still underperforming the markets, and preliminary results for July suggest funds are having their weakest performance in a decade. The Eurekahedge Hedge Fund Index gained 0.41% last month, underperforming the MSCI World Index’s gain of 2.59% for the month. Those gains in the index have been driven entirely by inflows as the world’s hedge funds are still in the hole on performance-based returns. Hedge funds record weakest performance in years According to the August Eurekahedge report, final flow numbers for June indicate $2 billion in performance-based losses for hedge fund managers, along with $3.8 billion…
Hedge Fund Performance Still In The Red For 2018, Thanks To February
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.