Event Driven Hedge Funds Shine Year To Date

The top performing hedge funds strategies year to date struggled in July, as the stock market exhibited a difficult month and commodities indexes were over 5 percent lower on the month.

Event driven hedge funds up 6.23% YTD

Event driven distressed strategies, up 6.23 percent year to date, were down slightly, -0.19 percent, in July, according to a Credit Suisse hedge fund returns study. The leading hedge fund strategy year to date in the Credit Suisse survey was closely followed by the Event Driven Multi-Strategy category, which is up 4.64 percent year to date but was down -0.77 in July.

As the S&P 500...