News Digest: Hedge funds outperform S&P 500 despite near 6% year-to-date loss

June 15, 2022

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.



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.



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