Hedge fund performance declined month-on-month in June, with multi-strategy leading losses with a return of -2.8%, according to the latest monthly Hedge Fund Report from the Citco group of companies.
Hedge funds administered by Citco companies saw net redemptions in June as investors withdrew funds from all AUA buckets and most strategy types.
June trade volumes were the highest on record for Citco, up 9.8% month-on-month, and 2.2% higher than the previous peak in March of this year.
