Hedge fund performance picks in 2Q, with Event Driven-Activist funds dominating

Opalesque Industry Update – 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 re…
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