July 2023 Month End Charts

China remains unloved among HFs

The June to July period was treacherous for L/S spread

We compiled interesting hedge fund and market charts from the past month. See attached for the report. July featured a short squeeze negatively impacting Equity Long/Short hedge funds while Macro/Diversifying strategies adapted to the current market environment to find ways to generate returns. Moving forward, we anticipate elevated interest rates to create increased fundamentally driven market volatility. 

Full report here