Greenwich Hedge Fund Index Up 1.07% in June

Greenwich Alternative Investments reported July 12 that the Greenwich Global Hedge Fund Index and the Greenwich Investable Index were positive for the month of June, yielding +1.07% and +0.22%, respectively. That positive performance for the month contrasts with the poor performance of the major equity and fixed income indexes for the month: the S&P 500 posted a -1.66% return; the, MSCI World Equity was down -0.90%; the FTSE 100 was off -0.20%; and the Lehman Brothers Aggregate Bond index was off -0.30% for the month. Year-to-date, the Greenwich Global Index returned 7.98% compared to the S&P 500 return of +6.96%.