Apart from the emerging markets June was a month of further
negative performance in the fund of hedge fund space. The
emerging markets were up 0.12% for June and 1.03% for the year
to date with HDF Emerging Markets Equity leading the way with
3.54% in June. Overall the InvestHedge Fund of Hedge Fund
Composite was down -0.84% with the year to date also in
negative territory at -0.95%....