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:

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