Hedge Funds Stumble As Summer Kicks Off, EDHEC Says

Hedge funds faltered in the blocks in June in the EDHEC Alternative Assessment, marking a slow start to summer activity in the industry, reported EDHEC Business School Wednesday. EDHEC says June suffered flat returns on the stock markets, but the

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Hedge funds faltered in the blocks in June in the EDHEC Alternative Assessment, marking a slow start to summer activity in the industry, reported EDHEC Business School Wednesday.

EDHEC says June suffered flat returns on the stock markets, but the bond market continued to move downward, returns were marginal and volatility remained stable.

But fueled by market uncertainties, EDHEC says commodities saw an improvement over their historical average.

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