The global hedge fund industry continued to attract capital in May as net flows from investors were positive for the fourth consecutive month. The composite Eurekahedge Hedge Fund Index was down 2.33%; however, hedge funds continued to outperform underlying markets significantly as the MSCI World Index lost 9.9% in the month.
Highlights of hedge fund performance and asset flows for the month are as follows:
|Net Asset Flows
|Positive Performance (Growth)
|Negative Performance (Decline)
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