WEST PALM BEACH, FL (HEDGECO.NET) – There was a broad sell-off in the hedge fund market in June across several asset classes which weighed down global equities and commodities such as oil, gold andcopper. Emerging markets and the energy sector epitomized this volatile swing, both ending the month down, yet it could have been much worse.<\/p>\n
The HFN<\/span> Hedge Fund Aggregate Average, an the equal weighted average of all single manager hedge funds, showed a decline of just 0.14%, with a year-to-date average up 5.92%. Funds concentrated in Asia showed the biggest declines. Funds with a European concentration also declined. There was a modest gain for US funds. Hedge funds posted small losses last month and lagged behind the broader stock market according to data released on Tuesday show. <\/p>\n \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cIt looks like there was a bit of damage control after the previous month,\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d said Joshua Rosenberg, president of Chicago-based Hedge Fund Research (HFR), which tracks monthly performance numbers in the $1.3 trillion hedge fund industry. <\/p>\n \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cMany of the performance problems happened in late May, and so the flow numbers will be influenced largely by how and when investors decided to make their allocations for the quarter,\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d Rosenberg said. <\/p>\n In the first quarter of 2006, HFR<\/span> reported that hedge funds took in roughly $24 billion in new money. Some of the month\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s sluggishness has been chalked up to managers tuning into World Cup soccer matches played in Germany during the month. <\/p>\n Alex Akesson HedgeCo.Net is a premier hedge fund database and community for qualified and accredited investors only. Membership on www.hedgeco.net is FREE and EASY. We also offer FREE LISTINGS for Hedge Funds! <\/p>\n Be sure to check out our sister sites. www.hedgefundlounge.com<\/a>, www.hedgefundtools.com,<\/a><\/strong> and www.hedgefundemployment.com.<\/strong><\/a> <\/p>\n <\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" WEST PALM BEACH, FL (HEDGECO.NET) – There was a broad sell-off in the hedge fund market in June across several asset classes which weighed down global equities and commodities such as oil, gold andcopper. Emerging markets and the energy sector […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-4717","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=4717"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/4717\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=4717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=4717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=4717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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HedgeCo.Net
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