Seattle Times – Hedge funds fell 0.2 percent in June as stocks slumped amid rising concern Greece would default on its debt and evidence the global economy was slowing.
The Bloomberg aggregate hedge-fund index declined to 125.92 from 126.20 in May, trimming this year’s gain to 4.4 percent. Long-short equity funds, multistrategy funds and macro funds, which bet on global economic trends, declined.
