Hedged: Large cap tech weighs on performance

Hedged: Large-cap tech and commodities weigh on hedge funds

July proved to be a polarizing month for hedge funds as the commodity rally reversed and tech stocks lost their luster.

Market volatility defined hedge fund performance in July while late month developments spilled into August
Commodity declines hit global macro and CTA performance, continuing their down trend
Second quarter performance bolstered asset growth despite $9bn in net redemptions