Opalesque Solutions

The Emanagers Total Index bounces back in July, up 0.76% (+2.26% YTD)

August 28, 2013
Emerging manager hedge funds posted a positive month in July 2013, according to estimation based on the data of 215 funds listed in Opalesque Solutions' Emanagers database (1).

The Emanagers Total Index was up 0.76% last month, resulting in a year to date performance of +2.26%. The figure for June was adjusted to -1.72% (from -1.04%), the only down month for this index so far this year.

The Emanagers Hedge Fund Index gained 1.25% (+4.48% YTD), and the Emanagers CTA Index was down -0.36% (-2.03%), its fourth losing month so far this year.

Meanwhile, the Eurekahedge Hedge Fund Index was up 1.05% in July (+3.59% YTD) and the Newedge CTA Index lost -0.98% (+0.04% YTD). The MSCI World Index went up 5.29% (gross) and up 13.72% YTD, and the S&P500 index returned 4.95% and +18.2% YTD.

Emanagers Index’ charts, tables and methodology can be found here: www.emerging-managers.com/index-chart.html.

(1) 91 funds have reported their performance so far.