Och-Ziff says assets edged higher in August

NEW YORK, Sept 2 (Reuters) - Hedge fund company Och-Ziff Capital Management Group (OZM.N) said on Thursday its assets edged higher in August as it battled a rocky stock market.

Its flagship Och-Ziff Master fund rose 0.27 percent in August on a total return basis, according to a Securities and Exchange Commission filing. The fund is up about 2.96 percent for the year through Aug. 31, according to the filing.

The firm also said its estimated amount of assets under management had climbed to $26.1 billion through Sept. 1, boosted by an increase of about $200 million in August.

The fund group has delivered steady returns this year, despite a rocky stock market. The Standard & Poor's 500 index .SPX fell 4.7 percent in August, pressured by concerns that the global economic recovery was sputtering.

The firm's Europe Master Fund is up 3.24 percent for the year, after an 0.74 percent increase in August. Its Asia Master fund rose 0.28 percent in August and is up 3.73 percent through August. The firm's Global Special Investments Master Fund rose 0.52 percent in August and is up 5.44 percent for the year, making it the group's best performing fund. (Reporting by Emily Chasan)