Lyxor: Hedge Funds Shed 0.55% In May

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%.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

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...