China Money Network – Greater China-focused hedge funds produced their second consecutive month of positive returns, up 1.56% in June. Though they remain in the red with a negative return of 1.38% for the first half of the year, according to data newly released by hedge fund research firm Eurekahedge.
For the first six month of the year, Greater China-focused hedge funds performed poorly compared with market indexes. The MSCI Golden Dragon Index climbed 4.04% during the same period.