Hedge Fund Industry Gains 2.42% in August, According to Backstop BarclayHedge

Most hedge fund sectors benefit as a fifth consecutive month of positive equity returns fuels investor confidence

As Wall Street experienced its best August since the 1980s, the hedge fund industry posted its fifth straight positive month returning 2.42% in August, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 Total Return Index was up 7.19% in August.…

Hedge Fund Industry Gains 2.76% in July, According to Backstop BarclayHedge

Stronger than expected June job numbers, hopes for additional government stimulus and vaccine optimism spur investors, driving all hedge fund sectors to a profitable July

The hedge fund industry turned in a fourth consecutive positive month in July as stock markets’ continued strong performance contributed to a 2.76% return, according to the Barclay Hedge Fund Index, compiled by BarclayHedge, a division of Backstop Solutions. By comparison, the S&P 500 Total Return Index was up 5.64% in July and closed at an all-time month-end high.…

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