In an exceptionally volatile month for equity markets, returns from Europe's long/short funds were widely dispersed, with the median falling by 2.48% in Euro terms to take the YTD figure to -1.29%.
Two well-known contrarians came to the fore in May: Ignis Cartesian clocked up an 11.76% gain, taking YTD numbers to 6.44%, while Hugh Hendry's Eclectica was up 1.7% for May to leave YTD returns at 10.09%....