Hedge funds: Summer holiday

So that’s alright then. Fears the July hedge fund performance indices would throw up some shocking unexpected losses, triggering another wave of redemptions, increased margin calls and panic-selling proved wide of the mark. In fact, the industry weathered the July storms pretty well, including the tricky last week of the month. The Hedge Fund Research composite index was up 0,49% on the month, leaving it up 7,99% in 2007. What’s more, all but one of the fixed income indices were up, including th...