Hedge Funds Shed 0.72% In May

Jun 7 2011 | 12:15pm ET

Hedge funds lost 0.72% in May while nevertheless outperforming major market indices, reports HedgeFund Intelligence.

The global hedge fund indices tracked by HedgeFund Intelligence were all negative for the month, with the exception of event-driven funds which managed a 0.03% gain.

Managed futures shed 3.61%, recording its second-worst month since 1998, when the index began (its worst was March 2003 when it dropped 3.96%).

Emerging market debt was down 0.52% for the month of May, while emerging market equities lost 2.50%.

Equities shed 1.04% and macro funds were down 0.31%.

The May numbers bring the YTD result for the Composite Index to 1.59%.


In Depth

Q&A: MackeyRMS's Chris Mackey On A High Tech Fix To Broker Votes

Jun 23 2017 | 8:17pm ET

The looming implementation of the EU’s MiFID II rules regarding research has put...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: Asia-Focused Hedge Funds Offer Great Opportunities

Jun 23 2017 | 3:33pm ET

Emerging market strategies have outperformed their developed-market peers for five...

 

From the current issue of