<p><span>Hedge funds gained in May as equities recovered the prior month’s decline, and as inflationary pressures remained elevated, but investors positioned for interest rate reductions in 2H24. Led by directional Equity Hedge and Event-Driven strategies, the HFRI Fund Weighted Composite Index advanced +1.3 percent in May, with additional positive contributions from Relative Value Arbitrage strategies offsetting a decline in Macro strategies. The HFRI Equity Hedge (Total) Index jumped +2.5 percent for the month, reversing the April decline and marking the fifth gain for this index in the trailing seven months, posting its strongest monthly return since February.</span></p>
Former Man Group portfolio manager Art Holly has launched 199 Capital Management, a new alternative investment firm offering an equity long/short strategy Holly has managed for himself since 2017.
Equity cryptocurrency hedge funds surge to lead broad-based industry gains in February opalesque.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from opalesque.com Daily Mail and Mail on Sunday newspapers.
A Macro Shift At Hand seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.