FYI: The hedge-fund industry continues to do this year what it has been doing for more than a decade—trailing the stock market big time.
Hedge funds on average generated less than half the returns of the stock market in the first half of 2019, posting a net return of 7.2%, according to industry data tracker BarclayHedge. The S&P 500 returned 18.5%.
Regards,
Ted
https://www.wsj.com/articles/hedge-fund-performance-goes-from-bad-to-less-bad-11570413901