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H1 hedge fund returns “very mixed”

Mixed-chartHedge funds produced “very mixed results” in the first half of 2018, according to new data.

eVestment’s Hedge Fund Performance Report for June said that just over half of hedge fund strategies delivered positive returns in the first half of the year.

Those funds that were positive were up an average of 5.3%, while those in the red were down an average of -5.3%.

Overall industry returns were slightly negative at -0.51% in June, second quarter returns were positive at 0.37% while year-to-date returns were 0.16%.

Commodities funds are among the biggest losers so far in 2018, returning -2.70% in June and -1.30% year-to-date.

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