News: Eurekahedge Hedge Fund Index up 1.38% in June

The Eurekahedge Hedge Fund Index gained 1.38% in June, bringing its year-to-date loss to 1.28%. Global hedge funds continued to recover the losses they suffered in the first quarter, supported by a strong rebound of risk assets. The underlying global equity market, as represented by the MSCI AC World Index was down 7.02% over the first half of 2020. The global hedge fund industry AUM has declined by US$198.1 billion as of June 2020 year-to-date. Investors have redeemed US$105.5 billion from the hedge fund industry in the first half of the year, while performance driven losses stood at US$92.6 billion.