According to Eurekahedge, with the July numbers on hedge fund performance now available, 8.5% of hedge fund managers have posted double-digit gains in 2018 to date. Most of that gain is focused on those with a long/short equities mandate. That number is quite low. Eurekahedge contrasts it with the first seven months of 2017, when roughly 22.7% of the fund managers had posted double-digit gains. Looking specifically to the month of July, the Eurekahedge Hedge Fund Index gained 0.41% on the month, trailing well behind the MSCI AC World Index (Local) which gained 2.59% in July.