Lyxor Peer Groups suggest hedge fund performance was up +0.6% in June, with CTAs underperforming (-1%) and Directional L/S Equity, L/S Credit and Special Situation strategies outperforming (+1.2% to +1.5%).

During the last weeks of June, market concerns over renewed Covid-19 infections in the U.S. led to some profit-taking in equities, which fueled CTAs, up +0.4%