Key Takeaways
- • The Credit Suisse Hedge Fund Index rose 0.96 per cent in June 2014, according to Hedgeweek.
- • Nine of the ten Credit Suisse hedge fund sub-strategies posted positive returns for the month.
- • Dedicated short bias was the only sub-strategy in negative territory, falling 4.82 per cent in June.
- • Event driven (+1.66 per cent), managed futures (+1.54 per cent) and emerging markets (+1.14 per cent) were the top performers.
Summary
The Credit Suisse Hedge Fund Index finished June 2014 up 0.96 per cent, according to Hedgeweek, with nine of its ten sub-strategies recording positive returns for the month. The index is a benchmark for the hedge fund industry, and its monthly performance provides a broad read on how managers fared across strategies during the period.
Event driven strategies led the gains, returning 1.66 per cent in June. Managed futures followed with a return of 1.54 per cent, while emerging markets rose 1.14 per cent. These three strategies were the top performers among the ten sub-strategies tracked by the index.
Dedicated short bias was the sole detractor, with a return of -4.82 per cent for the month. The weakness in short-biased managers reflects the broader positive tilt of equity markets during the period, though the primary source does not provide further detail on the drivers of that result.
The Hedgeweek report provides headline sub-strategy figures only and does not include assets under management, fund flows or commentary from index administrators, so the data above represents the full extent of the reported performance information for June.
Event driven strategies led the gains, returning 1.66 per cent in June. Managed futures followed with a return of 1.54 per cent, while emerging markets rose 1.14 per cent. These three strategies were the top performers among the ten sub-strategies tracked by the index.
Dedicated short bias was the sole detractor, with a return of -4.82 per cent for the month. The weakness in short-biased managers reflects the broader positive tilt of equity markets during the period, though the primary source does not provide further detail on the drivers of that result.
The Hedgeweek report provides headline sub-strategy figures only and does not include assets under management, fund flows or commentary from index administrators, so the data above represents the full extent of the reported performance information for June.
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