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Follow on Google News | Greenwich Global Hedge Fund Index Regains +1.15% in JulyThe Greenwich Global Hedge Fund Index gained +1.15% in July based on preliminary estimates benefiting from the global equity market rally. Long-Short Equity was the top performer with Futures and Long-Short Credit down on the month.
Stamford, CT, USA, August 5, 2013 Hedge Fund Strategy Highlights ·        The Greenwich Global Hedge Fund Index gained +1.15% in July based on preliminary estimates. Hedge funds benefited from the global equity market rally as measured by the S&P 500 (+5.09%), MSCI World Equity Index (+5.19%) and FTSE 100 (+6.05%). ·        Long-Short Equity led the way this month, up +2.10% on average. The gain brings the year-to-date total for Long-Short Equity strategies to +7.08%. Long-Short Equity is now a leading strategy for 2013, second only to Event-Driven strategies (+7.21% YTD). ·        All but two primary strategies are reporting positive returns on average for the month of July. Futures managers continued to struggle, losing -0.26% in July to bring them to a return of -2.13% for 2013, the only strategy now down year to date. Long-Short Credit strategies also reported an average loss during the month of -0.48%. Strategy Index Flash Returns              July         YTD Greenwich Global Hedge Fund Index     1.15%      4.22% Equity Market Neutral                         0.71%     2.45% Event-Driven                        Arbitrage                          Long-Short Equity                           Futures                           Macro                            Long-Short Credit                          -0.48%     1.40% Multi-Strategy                             The Greenwich Global Hedge Fund Index is one of the oldest benchmarks of the hedge fund universe. Full Strategy and Regional results for July will be available in mid-August, once additional funds have submitted returns. Final Index results will be available on the third business day in September. Past performance and index construction rules for all Greenwich Hedge Fund Indices may be viewed at www.greenwichai.com.  About Greenwich Alternative Investments Greenwich Alternative Investments, LLC (and its affiliates) manages one of the world’s largest hedge fund databases and is among the oldest providers of hedge fund indices, asset management services, and research to institutional investors worldwide. Contact: Allison Boucher, Vice President Stamford, CT 06905 info@greenwichai.com www.greenwichai.com End
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