Tuesday, June 15, 2010
Barclay Hedge Fund Index Down 3.09% in May; Equity Funds Lose Ground as Markets Drop
FAIRFIELD, Iowa, June 15, 2010– Hedge funds lost 3.09% in May according to the Barclay Hedge Fund Index compiled by BarclayHedge.
“Fear was in the driver’s seat in May as investor worries about a liquidity crisis in Europe and a ‘double-dip’ recession in the US drove global equity prices lower,” says Sol Waksman, founder and president of BarclayHedge.
Read the entire Hedge Fund Press Release by clicking here.
Labels: BarclayHedge press release, hedge funds
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