Dow Jones Credit Suisse Hedge Fund Index down 1.33% in May

Date: Tuesday, June 19, 2012
Author: Wendy Chothia, HedgeWeek

The Dow Jones Credit Suisse Hedge Fund Index finished down 1.33% for the month of May.

Dedicated short bias was on of just four of the 10 sub strategies to end the month in positive territory at 9.03%, while Long-Short Equity (-4.53%), Emerging Markets (-3.79%) and Equity Market Neutral (-3.18%) were the worst performers. The other three sub strategies to record gains were: Managed futures (2.38%); Fixed Income Arbitrage (0.24%); and Global Macro (0.19%).

The following funds were dropped from the Dow Jones Credit Suisse Hedge Fund Index in May: Concordia Global Multi-Strategy Fund, Context Advantage, Para Fund, and Southport Energy Plus Partners LP, but there war no new additions during the month.