Hedge funds deliver “steady to excellent” returns as May rally fuels H1 gains
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Hedge funds deliver “steady to excellent” returns as May rally fuels H1 gains
Hedge funds have turned in “steady to excellent” performance YTD, with more than 75% of managers posting gains through May’s equity rebound, according to a report by Alternatives Watch citing performance data from hedge fund research and intelligence provider PivotalPath. The firm’s Composite Index rose 2% in May, lifting the year-to-date return to 2.1%, comfortably ahead of the S&P 500’s 1.06% gain and the Nasdaq’s 1.02% decline over the same p…
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