Credit funds end strong first half on a high


Credit-focused funds were among the best performers in June, ending a strong first half of the year on a high note.

It was a bumper month for Trafalgar Recovery, which put on 9.45% in June and is now up a hefty 28.48% for the first six months. Mark Benson's Ravenscourt Multi-Strategy Credit gained 8.56% for a year-to-date return of nearly 18%.

Cheyne Total Return Credit was up 6.75% for a whopping three-month gain of 36.39%, while GLG Loan is up 30.19% so far this year after gaining 3.39% in June - although it is still down by some