Hedge funds are up 0.45 per cent for the year, their weakest performance on record since 2011 when they declined 0.40 per cent in the eight months through to August, according to the September 2018 Eurekahedge Report. Almost 46 per cent of the managers are in the green for the year with roughly 12 per cent of these managers posting double digit gains as tracked in the Eurekahedge Global Hedge Funds Database.