Monday, June 15, 2009
Barclay Hedge Fund Index Up 5.77% in May; Hedge Funds Gain 12.47% in Three Months
FAIRFIELD, Iowa, June 15, 2009– Hedge funds gained 5.77% in May according to the Barclay Hedge Fund Index compiled by BarclayHedge. The Barclay Hedge Fund Index is now up 10.75% in 2009.
“Equity markets in both developed and emerging countries saw share prices rally in May,” says Sol Waksman, founder and president of BarclayHedge.
“A recent Wall Street Journal article attributed the rise to trillions of dollars of bailout money finding its way into financial markets.”
Read the entire Hedge Fund Press Release by clicking here.
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