In the week ending July 12th 2019, HFR reported that hedge funds rose 5.7% from January through June, according to Hedge Fund Research Inc.'s asset-weighted index of managers. Funds posted broad gains "to conclude the strongest first half of a calendar year, with varied and wide range of leadership including equity, technology, M&A-focused, trend-following, quantitative and blockchain/cryptocurrency exposures," wrote HFR President Kenneth Heinz. Also eVestment said hedge funds rebounded in June with aggregate industry performance of +2.42%, bringing year-to-date (YTD) average gains to +7.16%.