Most hedge funds tumbled in the first half escape fate
Sina YORK, Saturday morning financial news since many fund managers in the sovereign debt crisis and the economy into two double threat of recession, took defensive measures, the value of two trillion U.S. dollars during the first half of hedge funds did not suffer huge losses.
Hedge Fund Research of Chicago designed the Global Fund Managers Index fell 0.94% in June, down 1.2% in the first half. The Standard & Poor's 500 index fell more than 5% in the first half fell 7.6%.
Chicago hedge fund equity funds tracked by research institutions in June fell 1.38%, down 3.42% during the first half. The agency said the global macroeconomic trends Fund fell 1.32% last month, down 2.32% during the first half.
to speculation mergers and restructuring and other information-based hedge fund was down 0.53% last month, down 0.73% during the first half.
some fund managers in the first half and even profitable, Och-Ziff Capital Management hedge fund management, was down 0.46% last month but up 1.39% in the first half.
