Hedge Funds ended the first half in negative territory as the escalating trade war roiled global markets. Funds declined 0.33 percent for the year and slid 0.64 percent in June, wiping out gains seen in May, according to Bloomberg Hedge Fund Database. Year-to-date, CTA/Managed Futures strategies remained the worst performer, down 4.1 percent, due in part to currency volatility and weakness in emerging markets. In June, those strategies declined 0.43 percent. Markets have been on edge for the last several weeks as President Donald Trump has imposed trade tariffs spurring a reprisal from China.