(FINalternatives) Hedge funds posted gains in June as global financial markets posted mixed performance, the U.S. Fed hiked interest rates and implied volatilities remained near historical lows, according to a flash update from Hedge Fund Research.
The company’s HFRX Global Hedge Fund Index gained 0.21% for the month, bringing its year-to-date return at 2017’s halfway mark to 2.56%. Meanwhile, its HFRX Absolute Return, HFRX Equal Weighted Strategies, and HFRX Market Directional indexes rose +0.10%, 0.37% and 0.59%, respectively. Two of HFR’s four strategy subindexes were positive for the period.
