StoneX Prime Services News & Announcements
![StoneX Prime News Hedge_Funds_Halted_By_Patchy_June_Performances](/-/media/project/gain-capital/shared/blog/2024/stonex-prime/stonex-prime-news-hedge_funds_halted_by_patchy_june_performances.png?h=800&w=2400&hash=7DB459CFE4B2B9CE397AC4D9D98BB079)
Hedge funds halted by patchy June performances
Hedge funds gained almost 5% in the first half of 2024, but recent political tensions resulted in mixed performances in June as long/short equity strategies posted muted returns for the month and macro managers lost further ground.
![StoneX Prime News Stanislaus_County_Adds_Macro_Fund](/-/media/project/gain-capital/shared/blog/2024/stonex-prime/stonex-prime-news-stanislaus_county_adds_macro_fund.png?h=800&w=2400&hash=721B0FC3093BC5FFF562A4062727F0A0)
Stanislaus County adds macro fund
The $2.8 billion Stanislaus County Employees’ Retirement Association (StanCERA) added $56 million to the Wellington Macro Strategies Fund in an expansion of the retirement system’s liquid absolute return strategy.
![StoneX Prime News PivotalPath_Quant_Equity_Hedge_Funds](/-/media/project/gain-capital/shared/blog/2024/stonex-prime/stonex-prime-news-pivotalpath_quant_equity_hedge_funds.png?h=800&w=2400&hash=89EAEED586CD66023146B7AA790CE68E)
PivotalPath: Quant equity hedge funds shine in ‘24
Hedge funds continue to generate alpha for investors, with managers delivering positive returns in the first half of 2024 – powered by strong gains among systematic equity strategies – despite a subdued June showing.
![StoneX Prime News Multi-Strategy_Launches_Attract_Seed_Capital](/-/media/project/gain-capital/shared/blog/2024/stonex-prime/stonex-prime-news-multi-strategy_launches_attract_seed_capital.png?h=800&w=2400&hash=82D98F562B1513E77BB9597E1DA91914)
Long/short, multi-strategy launches attract seed capital
Private credit and private equity strategies are gaining momentum when it comes to seeding, but hedge funds continue to attract allocators’ interest, according to the most recent edition of a study Seward & Kissel has been conducting annually for over a decade.