Market conditions in May proved troublesome for many
long/short equity funds, which posted an aggregate negative
return for the second month in a row, while the S&P 500
finished with a gain of 1.21%. The Nasdaq was up 3.47%,
providing a boost to tech hedge funds.
Andreas Halvorsen's Viking posted a loss for the month of
May, down a fraction at 0.4%. That brings its gross
year-to-date total to...