HFRX Interim Update: Hedge Funds Mixed Through Mid-June

(FinAlternatives) Hedge fund performance was mixed at June’s midway point as global financial markets collectively worried about U.S. interest rate hikes and Britain’s referendum on membership in the European Union, according to a flash update from Hedge Fund Research.

The company’s widely followed HFRX Global Hedge Fund Index was down -0.11% as of June 16, while it’s HFRX Market Directional Index was up +0.39% and the HFRX Equal Weighted Strategies Index gained +0.12% for the period.

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