After a strong performance in 2017, 2018 has been a mixed year so far for hedge funds. According to data from hedge fund data provider Eurekahedge, hedge funds lost 0.34% in June, meaning that returns are “barely hanging in the green with a flat 0.08% gain year-to-date.” This is the weakest first-half performance for hedge funds on record since the year 2000.
Across strategies, event-driven hedge funds led the table with gains of 1.17% followed by relative value hedge funds which were up 0.66%. Final asset flow figures for May 2018 revealed that managers reported performance-based losses of $6.2 billion while recording net asset outflows of $16.4 billion.
Overall, over past six months, total hedge fund assets have grown by $8.8...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
