Friday, 31 July 2015
Last updated 1 hour ago
Jul 16 2013 | 9:19am ET
Hedge funds saw their seven-month winning streak end in June, as they lost 0.69%, according to the latest data from Eurekahedge.
Arbitrage funds were down 0.69% in June, relative value funds down 1.04%, long/short equities funds down 1.57% and event-driven funds down 1.38%. Fixed income strategies had their first negative month of the year, shedding 1.45% in June while distressed debt funds slipped 0.39%, ending 11 months of gains.
CTA/managed futures strategies fell 1.12% in June and are now down 1.30% year-to-date—the only strategy in negative territory on a YTD basis. Multi-strategy funds fell 2.12%, their first negative month since May 2012.
In regional terms, Asia ex-Japan funds posted the largest declines, shedding 4.59% in June. North American funds were down 0.21% and European funds down 1.13%. Japan funds were up 0.03%, bringing their YTD returns to 17.25%.
Assets under management in the hedge fund industry declined by $21 billion in June to $1.89 trillion
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…