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Hedge Funds Returned About 1% in May, Led by Equity Strategies
Hedge Funds Returned About 1% in May, Led by Equity Strategies
08 Jun 2018, 05:14 AM IST
(Bloomberg) -- Equity hedge funds gained 2.1 percent last month, making them the best performers, according to a report by Hedge Fund Research.
(Bloomberg) -- Equity hedge funds gained 2.1 percent last month, making them the best performers, according to a report by Hedge Fund Research.
Hedge funds on average returned 0.8 percent in May on an asset-weighted basis, said the report on Thursday. Macro strategies were the worst performers, losing 0.3 percent.
To contact the reporter on this story: Kristy Westgard in New York at kwestgard1@bloomberg.net
To contact the editors responsible for this story: Margaret Collins at mcollins45@bloomberg.net, Vincent Bielski
©2018 Bloomberg L.P.
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