Bloomberg – Hedge funds fell in the first half of the year amid concerns that the sovereign debt crisis in Europe may hamper a global economic recovery.
The Eurekahedge Hedge Fund Index, which measures the performance of more than 2,000 funds worldwide, fell 0.5 percent in June and lost 0.02 percent in the first six months, Eurekahedge Pte said in a report on its website. More than 500 funds started globally in the first half, the Singapore-based research firm said.