Saturday, 4 July 2015
Last updated 1 day ago
Jul 10 2012 | 9:37am ET
Hedge funds eked out a 0.05% gain for the month of June to end the first half up 1.7%, according to the HFRI Fund Weighted Composite Index.
The best performers included an equity hedge strategy—quantitative directional funds, up 1.81% for the month (and 4.64% year to date); and two relative value strategies—yield alternatives funds, up 1.50% for the month (2.46% YTD), and fixed income-asset backed funds, up 1.12% for the month (7.24% YTD).
The worst-performing strategies in June were equity hedge short bias, down 3.03% for the month (and 8.29% YTD); and macro systematic diversified funds, down 2.99% for the month (and 0.59% YTD).
All the emerging markets strategies followed by HFR ended June in the black, with an overall gain of 0.58%. Russia/Eastern Europe funds generated the best monthly returns at 1.56% (but are down 2.35% YTD).
Funds of funds lost ground in June, ending the month down 0.50% (although they are up 0.99% YTD).
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…