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Alternative Market Briefing

Dow Jones: Hedge funds barely budge In June, Large Asian hedge funds report 5.23% gain (preliminary) in June

Tuesday, July 03, 2007

Dow Jones: Hedge funds barely budge In June From Istitutionalinvestor.com: Unlike in May, hedge funds failed to bust out all over in June. After posting healthy gains in the previous month, some of the strategies of the Dow Jones Hedge Fund Strategy Benchmarks made barely a ripple in the plus column. After posting a 3.4% gain in May, last month equity/long short inched up just 0.1%, bringing its year-to-date totals to 10.9% as of June 28. Still, its performance over the past 52 weeks remains strong at 18.5%, the best of the lot. Full article: Source

Opalesque Exclusive: Large Asian hedge funds report 5.23% gain (preliminary) in June The picture looks different in the East: The Eurekahedge Large Asian Hedge Fund Index ( > US$250m ) is up 5.23% as of July 3rd, however with only 625% of the NAV having reported for June as of that date. Eurekahedge Indices

Currency returns up 2.8% in June - Deutsche Bank From Dow Jones/Morningstar.com: Currency investment returns outstripped those in equities and bonds in June, according to data released by Deutsche Bank AG (DB) Monday. The bank's currency returns index shows that an equally weighted basket comprising basic investment strategies in carry, momentum and valuation, posted returns of 2.8% over Libor in June, com......................

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