All quiet in the hedge fund trenches
It might not be a big summer, but for the first half year, it's thumbs up for hedge funds.
Perhaps the summer torpor is sinking in on the frontline, but hedge funds need to be cautious of being dragged into a midsummer slumber. Because without wishing to tempt providence, it looks like the summer of 2009 might be turning out a lot quieter than that of 2008.
According to Eurekahedge, the overall hedge fund index was down 0.02% in June, compared to a 0.7% fall in the MSCI World Index. It reckons that hedge funds were up 9.4% for the first half of the year, while the S&P …
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