NEW YORK (Reuters) – Hedge funds posted a negative performance in June, bringing losses this year to almost 6%, as volatility across markets accelerated, a report by hedge fund data provider HFR showed on Friday.
The fund weighted composite index fell 3.08% last month. All four different hedge fund categories tracked by HFR – equity, event-driven, macro and relative value – posted losses in June.
Macro hedge funds, however, are still in positive territory for the first half of the year, up 8.98%.
(Reporting by Carolina Mandl; Editing by Leslie Adler)
