Hedge Funds Lose 'Fraction' Of Their Gains In May, Greenwich Reports

Greenwich Alternative Investments reports that both the Greenwich Global Hedge Fund Index ("GGHFI") and the Greenwich Composite Investable Index (GI2) lost only a fraction of their gains in May, posting 0.42% and 0.38% on the month, respectively, and were well

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Greenwich Alternative Investments reports that both the Greenwich Global Hedge Fund Index (“GGHFI”) and the Greenwich Composite Investable Index (GI2) lost only a fraction of their gains in May, posting -0.42% and -0.38% on the month, respectively, and were well ahead of the S&P 500 Total Return (-8.43%), MSCI World Equity (-8.10%), and FTSE 100 (-7.06%) equity indices. Year-to-date, both the GGHFI and the GI2 remain flat, returning an identical -0.10%, while the S&P 500 Total Return, MSCI World Equity, and FTSE 100 Indices have produced returns of -11.92%, -11.76%, and -12.87%, respectively. 50% of constituent funds in the GGHFI ended the month with gains.

The full statistics are available on Greenwich’s website.

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