Hedge fund performance was slightly negative during the first week of June, Lyxor Asset Management said in its Weekly Briefing. The Lyxor Hedge Fund Index was slightly down from 30 May to 06 June, dropping -0.2% during the period (+0.4% YTD) from hit by global macro strategies.

Lyxor said that the German Bund yields continued to fall ahead of the ECB meeting,