Hedge Funds Continue to Underperform

The latest June hedge fund performance data from HSBC, continues to highlight the fact that  hedge funds are no longer the money printing machines they once were.

For example, the S&P 500 total return index is up 19.3% year-to-date but, it would appear that only the worlds top 19 hedge funds managed to achieve a return better than the index.

HSBC has earmarked the 20 top performing funds and the 20 worst performing funds.

HF performance HSBC June

The whole report:

http://www.scribd.com/doc/153179702/HedgeWeekly2013-No27

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