Friday, 28 August 2015
Last updated 47 min ago
Jun 9 2011 | 12:08pm ET
A volatile May put a big dent into the Lyxor Hedge Fund Index's year-to-date performance.
The index dropped 1.8% last month, slashing its 2011 return to just 0.3%. By contrast, the Standard & Poor's 500 Index is up almost 8% on the year.
None of Lyxor's strategy indices are anywhere near that figure. The best performer, its long/short equity market neutral benchmark, is up just 3.52% on the year. Merger arbitrage funds are up an average of 3.02% through five months, while long/short equity variable bias funds have managed an average return of 3%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…