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Hedge Funds profiting from stabilized markets in July

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This year’s Alternative Fixed Income report from HedgeNordic explores how institutional investors and asset managers are navigating this new reality, balancing yield and resilience amid shifting credit cycles, structural change, and evolving sources of return.

Stockholm (HedgeNordic) – Early indications show that hedge funds have benefited from an increased market stability in July. According to data from French asset manager Lyxor, all hedge fund strategy sub-indices in the Lyxor Hedge Fund Index show positive performance numbers month-to date. As of July 19, the index was up 1.6% on the month but down 2% for the year.

According to Lyxor, strategies with the most directionality has been the winners following a rebound in risky assets in July. Both long/short equity Long Bias and Special Situations have seen strong gains during the month.

Among global hedge fund indices showing intra-month updates, the HFRX Global Hedge Fund Index gained 1.29% MTD while CTA-focused indices such as the SG CTA Index and BarclayHedge BTOP50 recorded gains of 0.38% and 0.41% respectively (as of July 27).

Mid-month estimates from Brummer & Partners also confirm that July has been a solid hedge fund month with the Brummer Multi Strategy gaining 0.7% supported by gains in Florin Court, Manticore and Bodenholm primarily.

Picture: (c) wongwean – shutterstock

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Jonathan Furelid
Jonathan Furelid
Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

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