Monday, August 15, 2011
Hedge Funds Hold Their Ground in July; Barclay Hedge Fund Index Slips 0.01%
FAIRFIELD, Iowa, August 12, 2011 – Despite major declines in the equity markets, hedge funds as a whole held their ground in July, with a 0.01% loss in the Barclay Hedge Fund Index compiled by BarclayHedge. Year-to-date, the Index is up 1.06%.
“Declines across equity markets in Europe and the US were driven largely by a lack of political will to address the fundamental long term sovereign debt problems on both sides of the Atlantic,” says Sol Waksman, founder and president of BarclayHedge.
Read the entire Hedge Fund Press Release by clicking here.
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