Multi-strategy giants post modest May gains despite S&P 500-driven market rally

TSP Stock Funds Post Strong Gains in May, but S Fund Still Down Year-to-Date

All three stock-based TSP funds posted strong gains in May, with the largest fund, the large company stock C fund, ...More The article TSP Stock Funds Post Strong Gains in May, but S Fund Still Down Year-to-Date was first published on FEDweek.

Multi-strategy giants post modest May gains despite S&P 500-driven market rally

Several of the world’s largest multi-strategy hedge funds delivered only modest returns in May, trailing the broader equity market rebound led by the S&P 500, which gained 6.2% – its strongest monthly performance since November 2023, according to a report by Business Insider. Citadel’s flagship Wellington fund rose 0.2% last month, pushing 2025 performance to 0.8%, according to a person familiar with the matter, while Point72 Asset Management, l…