Technology funds remained the standout performers through June, helping propel hedge funds to one of their strongest first-half showings since the late 1990s.
Hedge funds turned in one of their strongest first-half performances in nearly three decades, according to exclusive data from PivotalPath, with technology specialists leading gains and multi-strategy funds continuing their steady climb.
The PivotalPath Composite Index returned 7.3 percent in the first six months of 2026, the eighth-best first half in the index’s 29-year history. The gain was well above the historical first-half average of 5.15 percent and median of 4.39 percent, nearly doubling the 4 percent return posted during the first half of 2025. It was also the strongest first half since 2013, if 2021 is excluded