FM market round-up: Red or black? Let’s call it flat..
Depending on whom you believe, July was either a return to the black for hedge funds or a continuation in the red. In July, the Greenwich Van Global Hedge Fund Index lost 0.20%; the RBC Hedge 250 index returned –0.11%; and the HFRI Fund weighted composite index returned –0.24%. Credit Suisse/Tremont’s overall index returned 0.29%.