Viking Global’s Hedge Fund Fell in June as Brexit Roiled Markets

(Bloomberg) Andreas Halvorsen’s Viking Global Investors, the $30.3 billion hedge fund that wagers on and against stocks, lost money in June as the U.K. vote to exit the European Union sparked turmoil in global equities.

The fund dropped 2.5 percent last month and 5.8 percent for the first half of the year, according to a person with knowledge of the matter who asked not to be named.Equity funds struggled after $3.6 trillion in market value was wiped out from global stocks in the wake of the British vote.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply