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Eurekahedge: Hedge Funds Start H2 In Positive Territory

The Eurekahedge Hedge Fund Index gained 0.41% during the month of July, kicking off the second half of the year on a positive note. Despite the trade friction between the US and China showing no signs of slowing down, North American equity markets posted notable performance on the back of the second quarter earnings season which saw strong earnings from major corporates. The Eurekahedge North American Hedge Fund Index gained 1.17% in July. European fund managers were also in positive territory, gaining 0.42% over the month, supported by export-sector related equities following the meeting between the US president and the...