Billion dollar funds outperformed their smaller peers amidst worries over global trade and interest rates The asset-weighted Mizuho-Eurekahedge Index – USD gained 0.33% in September, outperforming the equal-weighted Eurekahedge Hedge Fund Index which declined 0.11% throughout the month. Approximately 49% of the fund managers tracked by Eurekahedge posted positive returns over the month. Hedge fund managers overseeing in excess of US$1 billion in assets gained 0.57% over the month, while small hedge fund managers (up to US$100 million AUM) lost 0.25%.