Monday, 3 August 2015
Last updated 2 days ago
Jun 19 2012 | 2:04pm ET
Hedge funds fell in May, with more than one-third of strategies in the red.
The Lyxor Hedge Fund Index lost 0.55% last month, cutting its year-to-date performance to 0.96%. Just five of the 14 strategies tracked by Lyxor gained ground in May.
Among those that managed the feat as stocks sank were commodity trading advisors, both short-term (5.35% in May, 1.84% year-to-date) and long-term (2.21%, 0.98% YTD). Distressed securities also did well, rising 0.61%. Statistical arbitrage funds also rose in May, while equity market neutral was flat.
On the other hand, long-bias equity funds dropped 4.05%, special situations 2.75%, long/short credit 2.45%, variable bias long/short equity 1.84% and merger arbitrage 0.37%.
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…