The global hedge fund business returned 0.18% in June, bringing year-to-date (YTD) performance for the industry to 9.22%, the best first-half performance since 2009, according to data from institutional investment data and analytics provider eVestment. “This year’s performance is impressive by an even longer measure, as in the last 20 years H1 returns have only been near or better than 2021’s three other times, in 2000, 2003 and 2009,” says eVestment global head of research Peter Laurelli. Hedge fund performance in June continued a streak of good news for the industry, which returned 11.04% in all of 2020.