(Opalesque) Hedge funds gained an average of +2.07% in June, but year-to-date (YTD) average industry returns are still in the red at -3.37%. The second quarter was stronger for the industry, with 2Q 2020 average returns at +9.91%. Roughly 40% of the industry is producing positive results in 2020
Hedge fund performance picks in 2Q, with Event Driven-Activist funds dominating
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