A new report from Preqin, a provider of data and information on private equity, real estate, hedge funds and infrastructure asset classes, reveals that hedge funds tied to "event-driven" investment strategies.

Those that exploit pricing inefficiencies that may occur before or after a corporate event, such as a merger acquisition — were alone among hedge funds in producing positive returns in August (+0.49 percent).

All other single-manager hedge fund strategies fell into the negative, with a benchmark return for all single-manager hedge funds of -0.08 percent in August, the report shows.

The research, based on Preqin’s Hedge Fund Analyst database, also reveals that event-driven hedge funds have the highest year-to-date performance for single-manager hedge funds, with net returns of 9.40 percent. The funds have also outperformed all other single-manager strategies over the last 12 months and on a three- and five-year annualized basis.

The Preqin research also reveals the following:

With a dividend, depending on the investment period, between 8:39% and 11.84% pabis August I think Firstconinvest generated a very affordable result.

Peter Engelbrecht, Chief Financial Officer