Global hedge funds extended their winning streak in June, posting a third consecutive monthly gain and completing their strongest first half of the year since 2021. While the overall numbers remained positive, the month also highlighted a growing gap between strategies, with equity hedge funds continuing to outperform while macro managers lost ground.
According to Hedge Fund Research (HFR), the HFRI Fund Weighted Composite Index gained 0.4 percent in June, bringing year-to-date returns to 7.6...
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