Friday, 27 May 2016
Last updated 15 hours ago
Jul 13 2012 | 12:21pm ET
Hedge funds were essentially flat last month, according to one industry measuring stick.
The GlobeOp Hedge Fund Performance Index rose just 0.03% last month. The benchmark missed out on June's major month-end rally, which helped the Standard & Poor's 500 Index finish the month up almost 4%.
The GlobeOp index is up 4.19% this year.