Most HFR indexes dip in July

Performance was negative in July for 12 of 21 hedge fund indexes created by Hedge Fund Research.
AUG 15, 2007
By  D Hampton
Performance was negative in July for 12 of 21 hedge fund indexes created by Hedge Fund Research. Despite widely reported double-digit losses by some quantitatively managed hedge funds, aggregate hedge fund returns did not dip lower than the -1.34% return of the HFRI Fixed Income High Yield index. Other HFRI indexes in negative territory for July were the Regulation D index, --1.18%; the Convertible Bond and Equity Non-Hedge indexes, both at -1.09%; and the Market Timing index, --0.97%. The HFRI Short Selling index turned in the best performance for the month at 6.49%, followed by the Emerging Markets index, 3.19%, and the Fixed Income Arbitrage index, 1.63%. Overall, hedge fund returns were flat in July, with the HFRI Fund Weighted Composite index at 0.45% and the Fund of Funds Composite following at 0.43%. Year-to-date July 31, all HFR hedge fund indexes were positive, with the Fund Weighted Composite returning 7.95%, trailing the 8.32% return of the Fund of Funds Composite.

Latest News

In an AI world, investors still look for the human touch
In an AI world, investors still look for the human touch

AI is no replacement for trusted financial advisors, but it can meaningfully enhance their capabilities as well as the systems they rely on.

This viral motivational speaker can also be your Prudential financial advisor
This viral motivational speaker can also be your Prudential financial advisor

Prudential's Jordan Toma is no "Finfluencer," but he is a registered financial advisor with four million social media followers and a message of overcoming personal struggles that's reached kids in 150 school across the US.

Fintech bytes: GReminders and Advisor CRM announce AI-related updates
Fintech bytes: GReminders and Advisor CRM announce AI-related updates

GReminders is deepening its integration partnership with a national wealth firm, while Advisor CRM touts a free new meeting tool for RIAs.

SEC charges barred ex-Merrill broker behind Bain Capital private equity fraud
SEC charges barred ex-Merrill broker behind Bain Capital private equity fraud

The Texas-based former advisor reportedly bilked clients out of millions of dollars, keeping them in the dark with doctored statements and a fake email domain.

Trump's tax bill passes senate in hard-fought victory for Republicans
Trump's tax bill passes senate in hard-fought victory for Republicans

The $3.3 trillion tax and spending cut package narrowly got through the upper house, with JD Vance casting the deciding vote to overrule three GOP holdouts.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.