Hedge funds fell in May, yet still outperformed the major market indexes. The global hedge fund indices tracked by HedgeFund Intelligence were all negative, except for event-driven funds, which eked out a 0.03% gain.
The Managed Futures Index fell 3.61%, suffering its second-worst month in the history of the index, which began tracking performance in 1998 (the worst month was March 2003, when the index fell 3.96%).
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About Alex Akesson
Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications.
Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.
HedgeFund Intelligence Indices: Hedge funds drop 0.72 % in May
Hedge funds fell in May, yet still outperformed the major market indexes. The global hedge fund indices tracked by HedgeFund Intelligence were all negative, except for event-driven funds, which eked out a 0.03% gain.
The Managed Futures Index fell 3.61%, suffering its second-worst month in the history of the index, which began tracking performance in 1998 (the worst month was March 2003, when the index fell 3.96%).
Full report
About Alex Akesson
Alex has been specializing in hedge fund and alternative investment news since April 2006. Working mainly in research and manager interviews, she has published breaking news on the hedge fund industry on her blog, as well as several industry publications. Her access to hedge fund managers gives her insight into news stories as well, and the ability to track press releases and other breaking news in real time.