Hedge Funds Show Positive Returns


    Hedge fund returns ended the first half of the year positively, with the HFRI Fund Weighted Composite index returning 2.4 per cent in the six months ended June 30. The index’s six-month return, calculated by Hedge Fund Research, topped the 1.2 per cent return of the S&P 500 index and the -0.1 per cent return of the Barclays U.S. Aggregate Bond index, but trailed the MSCI World ex-U.S. index return of 4.8 per cent as well as the 3.1 per cent return of the MSCI Emerging Markets index. On a quarterly basis, the hedge fund index returned 2.1 per cent in the three months ended March 31 and 0.2 per cent in the three-month period ended June 30.