Hedge funds up 0.31% as trade tensions intensify

Cayman Compass is the Cayman Islands' most trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.
Cayman Compass is the Cayman Islands' most-trusted news website. We provide you with the latest breaking news from the Cayman Islands, as well as other parts of the Caribbean.

Hedge funds outperformed the equity markets in August amid tariff threats between China and the United States and slowing global growth. The Eurekahedge Hedge Fund Index was up 0.31% during the month compared to the MSCI ACWI stock index which ended August down 2.37%.

Just more than half, 54.3%, of the hedge fund managers in the index posted positive returns in August, and almost a third, 30.9%, were able to maintain double-digit returns over the first eight months of 2019. In the year to date, hedge funds overall have returned 6.73%.

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