Biggest Hedge Funds Extend Gains In Chaotic First Half (Correct)

The biggest hedge funds added to their gains in June, sailing through the first half of the year amid global market chaos sparked by President Donald Trump’s tariffs and the Israel-Iran war.

Schonfeld’s Fundamental Equity fund rose 2.5% last month, while the firm’s flagship multistrat hedge fund Strategic Partners advanced 1.1%, according to people with knowledge of the matter. Balyasny gained 2.4%, while Marshall Wace’s $26 billion Eureka hedge fund soared 6% in June through last Friday, erasing all prior losses in the year, the people said, asking not to be identified discussing private information.

Dymon’s multistrategy money pool gained ...