Glenview, QIM and Tiger Global among big-name winners in first half

Underperforming managers included Caxton and Pershing Square.

Hedge funds enjoyed a bump in returns through the first half of 2017, with 70% of funds that report to the Absolute Return database posting positive performance. The Absolute Return Composite Index was up 3.24% through June, an improvement on the 1.78% it returned over the same period last year.