The recently released S&P Hedge Fund Index has revealed that hedge funds returned nearly 2% in May, bringing the year-to-date returns to almost 6%.
According to Standard & Poor's, the S&P Directional index was primarily responsible for this strong performance, as it returned 3.4% in May, and 7.2% for the first five months of this year. The Event-Driven index returned 2.5% last month, but the Arbitrage index dropped 0.41%.
The S&P Hedge Fund Index has 40 constituents, which are divided into the three aforementioned sub-indices. These, in turn, represent nine specific strategies, which include: Equity Market Neutral, Fixed Income Arbitrage, Convertible Arbitrage, Merger Arbitrage, Distressed, Special Situations, Long/Short Equity, Managed Futures, and Macro.
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy & Cookies
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment