The healthcare sector went on a tear beginning in 2011, thanks in large part to the passage of the Affordable Care Act and its impending implementat
Thursday, 19 January 2017
Last updated 47 min ago
Jul 10 2014 | 6:14am ET
Hedge funds inched up during a highly mixed June, according to the Lyxor Hedge Fund Index.
The benchmark rose 0.7% last month, nearly doubling its year-to-date performance to 1.6%. But that only serves to underline how badly hedge funds have done compared to the broader markets, with the Standard & Poor’s 500 Index, which rose more in June than the Lyxor index did in the first half, and which is up over 6% on the year.
In June, seven of Lyxor’s 12 strategy indices were in the black, led by merger arbitrage (1.7%), special situations (1.7%) and equity market neutral (1.4%).