Hedge Funds Struggle Through May, 70% Report Losses, Barclay Says

More than 70% of hedge funds report losses in May with an average shortfall of 3.09%, a Barclay Group report says. Eleven of Barclay's 18 hedge fund indexes dropped in May, with the emerging markets Index falling 4.73%, technology down

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More than 70% of hedge funds report losses in May with an average shortfall of 3.09%, a Barclay Group report says.

Eleven of Barclay’s 18 hedge fund indexes dropped in May, with the emerging markets Index falling 4.73%, technology down 3.44%, European equities losing 3.37% and the Pacific Rim index dropping 3.24%.

Barclay Hedge Fund Index saw an overall loss in May of 1.78%.

But funds reporting net gains rose an average 1.41%.

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