Lyxor - Expert Opinion: Receding Systemic Risks, but Cautious Risk Appetite

Lyxor / Equity

14-08-2015

Highlights:
>> The Lyxor Hedge Fund Index was up +1.3% in July.
>> A macro month with markets left in the passenger seat driven by highly speculative catalysts.
>> L/S Equity funds were strongly up overall, except for Asian funds.
>> Event Driven funds returns lagged. Merger Arbitrage underperformed Special Situation funds.
>> Quite an honorable performance from the L/S Credit Arbitrage funds.
>> CTAs outperformed in July thriving on commodities.
>> Global Macro funds performed well in constrained markets.