The Global Composite is up 2.58% for the year.
The Hedge Fund Intelligence Global Composite Index fell 0.67% in May. Funds trading the Asian markets suffered the most, with the AsiaHedge Composite Index dropping 2.62%. Despite losses, funds still handily outperformed their equity benchmarks, with the MSCI World Index (net) falling 8.63% for the month.
Managed Futures was the month's best strategy globally, gaining 2.15% after two consecutive negative months, which pushed the strategy's year to date gain to 1.97%. Emerging Market Equity was the worst performing strategy, falling 5.29%, which cut its return to 1% for the year.
Note: These indices were accurate as