Funds posted an average positive 1.3% return for the month
Global hedge funds posted positive results in August even as the unwind in popular yen carry trades whipsawed markets, bank research and sources familiar with the funds’ performance showed on Wednesday.
Multi-strategy hedge funds that house many different kinds of trading desks under one roof averaged 0.1% for the same period, the bank added. The multi-strategy Winton Fund, which uses quantitative trading, is up 8.1% for the year so far, whereas the Diversified Macro fund is up 4% for the same time period.
Canada News Breaking News Video Canadian Breaking News Breaking News Globe And Mail Breaking News Globe And Mail Canada News Photos World News Local News National News Us News Foreign News Sports News Arts News Life News Lifestyle Canada Traffic Canada Weather Trudeau Government Federal Government Canada Sports Canada Sports News Politics Politics News Political News Political Opinion Environment Economy Technology Education Travel Canada Alberta Bc British Columbia Manitoba Ontario Quebec Nova Scotia Pei New Brunswick Newfoundland And Labrador Nunavut Northwest Territories Yukon Globe And Mail
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hedge funds held gains in August market roller-coasterThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Hedge Funds Ditch Some Bullish Yen Bets But Fear of Swings High(Bloomberg) -- Hedge funds look to have pulled back from their most bullish yen bets but are still paying high prices to hedge positions at current levels, a...
Read more »
Hedge funds' bullish bets on gold hit 200k milestone as shorts evaporateThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Most-Hated Credit Trade Turns Into a Big Winner for Hedge Funds(Bloomberg) -- Chris Stansbury may have been the most hated person in the room as he made the rounds at one of Wall Street’s biggest leveraged finance...
Read more »
Hedge Funds Clash With Wind Power Firms in Taiwan Swap Markets(Bloomberg) -- Hedge funds and wind-farm companies are doing battle in an opaque corner of financial markets.Most Read from BloombergTurkey Plans Istanbul...
Read more »
Hedge funds bet against banks, insurance and property, says Goldman SachsHedge funds continued to take bets against bank and financial stocks in the week to Friday, Goldman Sachs wrote in a note seen by Reuters on Monday, amid...
Read more »