Trend-following hedge funds posted only marginal losses in June as gains from precious metals trading largely offset weaker performance in energy, agricultural commodities and currencies, according to a report by Reuters citing new analysis from Société Générale.
The French bank said systematic trend-following funds, including commodity trading advisers (CTAs), delivered an average return of -0.1% for the month, leaving the sector up more than 9% year-to-date despite heightened market volatility...
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