June saw a continuation of positive results for the Australian absolute return and hedge fund sector, largely on the back of an ongoing rally in equities, particularly the ASX 200. Although AFM's index was positive, outperforming the S&P 500 and the MSCI World ex Australia index, it underperformed the ASX 200 which rallied 3.59% as confidence continued to flow back into investors.
For detailed analysis of performance for each strategy, industry comment and ranking tables, please open the attached .pdf file.
Attached Files:
July 2009 absolute return and hedge fund review (pdf format)
