BOSTON ( TheStreet) -- Hedge funds, which have already begun reporting second-quarter results, are posting tepid performances as they have been whipsawed by geopolitical and macroeconomic events.The Dow Jones Credit Suisse Hedge Fund Index, which tracks 9,000 hedge funds with assets of $50 million or more, indicates that they gained 1.7% on average in the first half of 2011.
Hedge Funds Lag S&P 500 in First Half of 2011
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