Quantedge Hedge Fund Jumps 12% in June as Brexit Roils Markets

  • Hedge fund gained 40 percent in first half, newsletter shows
  • June gain compared with 4.4% increase among comparable funds

Quantedge Global Fund gained 12 percent last month to return almost three times as much as global peers, as bond holdings gained amid the market dislocation that followed the unexpected U.K. decision to leave the European Union.

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