(Bloomberg) -- Hedge funds eked out a gain in the first half of the year in the face of market turmoil early in 2016 and the U.K. vote to leave the European Union in June.
The average hedge fund gained 1.6% this year through June, according to the HFRI Fund Weighted Composite. Funds gained 0.8 percent last month.
To contact the reporter on this story: Vincent Bielski in New York at vbielski@bloomberg.net. To contact the editors responsible for this story: Christian Baumgaertel at cbaumgaertel@bloomberg.net, Vincent Bielski, Steve Dickson
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