Lyxor: Hedge Funds Down 1.8% In May, Barely Positive For Year

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%.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...