Dutch hedge funds outperformed their global peers in the turbulent month of May.
The Finles/IEX Dutch hedge fund index was down 1.3 per cent versus a loss of 2.8 per cent for the HFRX Global Hedge Fund Index and 3.0 per cent for the Deutsche Bank Hedge Fund Index.
European equity markets lost six per cent in May.
The difference was predominantly made by the Dutch global macro managers that posted a positive performance, both relative and absolute.
The top performer was the World View Macro Fund, managed by Frits Fiene. The fund was up 14 per cent.
The four next best performing funds in May were Care Fund, QTR Fund, HIQ Invest Market Neutral Fund and DQS Absolute Return Fund.
The Tethys-Alpheus Fund was added to index as of 1 July 2010. This thematic long/short equity fund is managed by Thijs Jochems, Gerco Goote and Peter Kolthof.
The index results are calculated by Circle Partners and the index process and the numbers are periodically validated by Ernst & Young.
