As European equity markets continued to rally in May, the
hedge fund world's sceptics were left trailing behind those who
were buoyed by the liquidity-fuelled upswing.
Matrix New Europe was up 17.64% in May to bring three-month
returns to 57.2% while Lucerne Capital was up 16.09%, bringing
three-month numbers to 53.04%.
Odey European put on another 8.59% for a three-month...