Most hedge fund strategies lost money in June -Lipper
Tuesday, July 21, 2009 : PermalinkReuters UK – Most strategies employed by hedge fund managers globally failed to generate positive
returns in June as stock markets moved sideways and commodity prices slid during the month, according to estimates from Lipper on Tuesday.
The best-performing hedge fund strategy was "convertible arbitrage" which returned 0.28 percent, while the worst-performing strategy was "managed futures" which lost 1.59
percent. Long/short equity hedge funds declined 0.23 percent.
Overall, nine of the 13 strategies tracked by Lipper lost money last month.
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commodity prices, convertible arbitrage, equity hedge, estimates, futures, hedge fund strategy, hedge funds, hedge-fund-managers, lipper, long short equity, money, reuters, stock-markets
