Tuesday, 1 September 2015
Last updated 3 hours ago
Jun 19 2013 | 9:08am ET
Hedge funds inched up in May, posting a 0.6% return, according to RBC Capital Markets.
The RBC Hedge 250 Index is up 4.85% on the year.
Mergers and special-situations funds led the way in May with a 2.74% jump (10.79% year-to-date). Convertible arbitrage funds rose 2.14% (6.24% YTD), equity long/short funds 1.45% (5.96% YTD), multi-strategy funds 1.3% (7.24% YTD), credit funds 1.24% (6.25% YTD) and equity-market neutral funds 0.77% (1.12% YTD).
Managed futures funds tumbled 3.26% last month (up 0.77% YTD). Macro funds shed 0.44% (up 0.6% YTD) and fixed-income arbitrage funds dropped 0.09% (up 3.5% YTD).
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…