Credit returns stutter after a powerful run


Most credit hedge funds took a hit in June, after a strong run so far this year. Toro Capital led the pack again, despite only making 0.98% on the month, and has the best six-month return at 27.83%.

PVE Macro Credit was up 0.90% in June but is down 16.18% for the year, while Alpstar’s Alper European Credit was up 0.39% in June and 6.48% YTD.

Abaci Capital Structure Globus lost 3.19% in June for a 0.67% loss for the year. Pamplona Credit Opportunities was down 2.76% but is up 7.28% YTD. Cairn Credit lost 2.62% for a