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CHICAGO, (July 8, 2015) – Hedge funds posted declines in June as Chinese equities fell sharply and uncertainty over the outcome of the Greece referendum contributed to losses in quantitative, trend-following, Macro CTA strategies, according to data released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry. The HFRI Fund Weighted Composite Index declined -1.3 percent in June, the worst monthly decline since June 2013, paring gains for 1H15 to +2.4 percent. Despite the June decline, the 1H15 HFRI gain still outperformed U.S. equities as measured by the S&P 500 by over 200 basis points.