Strong gains across several hedge fund strategies in July, reports Eurekahedge

The Eurekahedge Hedge Fund Index was positive in July. Despite the ongoing regional problems, Europe-focused managers led the gains. CTAs had a good month. Gains were seen across most other strategies.

Europe leads with positive returns
The Eurekahedge Hedge Fund Index rose 1.10% in July, countering the negative mood caused by European sovereign debt woes and tensions in the Middle East. Most regions were in positive territory, with the best gains from European-focused managers in response to the suggestion of further eurozone support from ECB president Mario Draghi.

The European, East European, Latin American and North American indexes all reported positive returns for the month. The biggest

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