The Dow Jones Credit Suisse Hedge Fund Index finished down 0.40 per cent for the month of June.

The top-performing sub-strategies in June were equity market neutral (0.93 per cent), fixed income arbitrage (0.76 per cent) and multi-strategy (0.48 per cent).

Managed futures and dedicated short bias were the worst performers down 3.56 per cent and 2.72 per cent respectively.

The following funds were dropped from the Dow Jones Credit Suisse Hedge Fund Index in June: Cura Fixed Income Arbitrage Master Fund, Restoration Holdings, SuttonBrook Capital Portfolio, and Teleos Master Fund.

No funds were added to the Dow Jones Credit Suisse Hedge Fund Index in June.