CNBC – Hedge funds around the world saw negative returns in June to end seven months of straight gains amid a broad pull-back in equity markets, with those in Asia ex-Japan the worst hit, data from research firm Eurekahedge show.
The Eurekahedge Hedge Fund Index fell 1.47 percent in June, marking its first decline this year, the company said in a note published late on Wednesday. That compared with a fall of just over 3 percent in the MSCI World Index.
