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.
The whole report: