Monday, 30 November 2015
Last updated 2 days ago
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%.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…