| Global hedge funds reached the halfway mark in 2015 with some of their best returns in years, but performance cooled off in June from growing losses in Asia Pacific and Europe, according to the latest statistics from Preqin, a research firm focused on the alternative assets industry.
“The industry has had a run of five months of positive returns from the start of 2015, and surpassed full-year 2014 performance in May,” said Amy Bensted, Preqin’s head of hedge fund products.”However, various macroeconomic events, notably the Greece/Eurozone crisis and the turbulence experienced in the China stock market, has led to hedge funds failing to generate positive returns in June and has dented the year-to-date return of the sector.”..............................................Full Article: Source
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