This month saw the Lipper Hedge Fund Composite Index register a return of 1.83%, while the YTD performance.

• In line with global equity and bond markets, hedge funds overall delivered a solid return of 1.83% for July, according to the Lipper Hedge Fund Composite Index. July’s gain contributed to a partial recovery of the negative months’ readings, bringing year-to-date performance to minus 1.76%.
  

• Fixed Income Arbitrage (+3.23%) was the best performing strategy for the month. Other Hedge (+3.19%) was the runner-up, while Dedicated Short-Bias (-0.75%) was the worst performing strategy for the month.
  

• Long/Short Equity (+2.50%) and Long Bias (+3.12%), focusing on U.S. companies, registered a gain for July as equity markets rebounded. Funds focusing on European companies mainly posted solid gains as European stocks rebounded strongly in July. Dedicated Short-Bias (0.75%) posted a negative result for the month.
  

• Managed Futures (+1.12%) ended July in positive territory as commodities continued to trade higher duringe remains negative at 1.76% decline.