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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