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Hedge funds lift off with 11.48% returns in Q2 2020

(Opalesque) Hedge funds returned 11.48% in Q2 2020, the highest gains since 2009, following losses of 10.63% in Q1, said Preqin. According to the report, hedge funds have broken even for H1 2020, with YTD returns hitting -0.37% as of the end of June. Hedge fund launches remain timid as the quarter saw just 59 funds launched, a decrease from Q1 2020 when 182 were incepted.

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