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

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

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: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...