17 July 2023 - June saw hedge funds have their best month of the year since January, with a total weighted average return of 1.8%, as the majority of strategies delivered positive returns.
June’s performance was a significant jump on May’s return of 0.4%, and was well ahead of the median return of funds administered by the Citco group of companies (Citco) of 1.4%.
These are some of the findings from Citco's Monthly Hedge Fund Update, which explores performance, capital flows, trade volumes and treasury volumes during the month of June.
Citco Monthly Hedge Fund Update - June 2023