Monday, July 15, 2013
Barclay Hedge Fund Index Down 1.35% in June; Hedge Funds Stumble After 12 Straight Months of Gains
FAIRFIELD, Iowa, July 15, 2013 — After twelve consecutive months of gains, hedge funds lost 1.35% in June, according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Index remains up 4.26% year to date.
“A comment by Fed chairman Ben Bernanke that the Fed may begin to taper its asset purchases caused interest rates to skyrocket while prices for equities, commodities, and emerging market currencies plummeted,” says Sol Waksman, founder and president of BarclayHedge.
Read the entire Hedge Fund Press Release by clicking here.
“A comment by Fed chairman Ben Bernanke that the Fed may begin to taper its asset purchases caused interest rates to skyrocket while prices for equities, commodities, and emerging market currencies plummeted,” says Sol Waksman, founder and president of BarclayHedge.
Read the entire Hedge Fund Press Release by clicking here.
Labels: BarclayHedge press release, hedge fund performance
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