Hedge Fund Monthly Update – July 2013 (UBS)

August 2013

KEYWORDS: alternative investment, Asian Hedge Funds, Australia, capital formation, commodities, credit hedge funds, CTA, DJ UBS Commodity Index, Equity markets, European Union, event driven, fixed income, global macro, gold, Hedge Fund Research, hedged equity, Japan, Macro, MSCI, prime broker, securities lending



  • UBS


This month’s highlights include:

  • Hedge funds returned an average of +1.0% in July, significantly lagging equity markets (MSCI World +5.3%).
  • Equity related strategies were the best performing, with Event Driven +2.2% and Equity Long Short +2.3%.
  • Macro related strategies were the worst performing, hurt by a weakening USD (Global Macro   -0.7%; CTAs -0.5%).
  • In July, we saw a continued reluctance by EMEA and APAC equity funds to take additional risk.

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