Opalesque Industry Update - The hedge fund industry continued its recent run of consistent gains in June, returning 0.57% for the month, reports research house Preqin. This is
the eighth consecutive month of positive performance for the industry, surpassing the seven-month period recorded in
March-September 2016. These gains have pushed 2017 YTD returns to 4.87%, the highest H1 performance since the
first half of 2009 (+16.94%). It is also the first time since 2007 in which the first six months of the year have all
recorded positive returns. Equity strategies funds recorded the highest returns for the month (+0.91%), taking 12-month performance to 13.62%. Event driven strategies made gains of 0.48%, but have the highest 12-month returns at 14.11%. CTAs, by contrast, recorded losses of 1.04%, their lowest returns since October 2016. As a result, performance for CTAs is in negative territory at the mid-point of the year, returning -0.57% for the year so far and -2.64% over the past 12 months. Key Hedge Fund Performance Facts:
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Industry Updates
Hedge fund gains reach 4.87% in the first half of 2017
Wednesday, July 19, 2017
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