Hedge Funds Up 1.2% in First Half as Trade Jitters Curb Gain

(Bloomberg) Hedge funds on average posted a gain of just 1.2 percent in the first half as global trade jitters and volatility hampered investors. For June, hedge funds fell 0.14 percent on an asset-weighted basis, the third month of declines this year, according to a report Monday by Hedge Fund Research. By contrast, the S&P 500 Index rose about 1.7 percent in the first half and 0.5 percent last month.

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