Hedge funds have continued their run of solid performance with a fifth straight positive month, returning 1.01 per cent in May, according to the latest figures released by Preqin.
This means hedge funds have now returned 5.44 per cent for 2015 YTD, compared to 4.60 per cent for the whole of 2014.
All leading single-manager hedge fund strategies made gains in May, with equity strategies generating the highest return of 1.28 per cent.
CTA funds have suffered a second consecutive negative month in May (-0.07%), however the strategy is still positive for the year (+2.68%).