Thursday, August 13, 2009
Barclay Hedge Fund Index Up 3.11% in July; Hedge Funds Gain Five Months in a Row
FAIRFIELD, Iowa, August 13, 2009– Hedge funds rose 3.11% in July according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index now has five consecutive months of gains in 2009 resulting in an increase of 16.23% since March 1.
“During July, we continued to see improving liquidity, a tightening of credit spreads, and a decrease in risk aversion among investors,” says Sol Waksman, founder and president of BarclayHedge.
“These trends provided support for a continuation of the rallies in global equity and credit markets.”
Read the entire Hedge Fund Press Release by clicking here.
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