News Digest:

Hedge funds, on average, posted a loss of 5.88% for the first five months of this year, as compared to a 12.76% slide in the S&P 500 Total Return Index during the same period, according to the Barclay Hedge Fund Index.

Takeaway:

Following a 2.35% loss in April, the hedge fund industry was down 0.66% last month, while the S&P 500 Total Return Index rose marginally by 0.18% in May.

End Notes

Source: https://www.hedgeweek.com/2022/06/09/315190/hedge-fund-industry-losses-fall-may