Hedge Funds

More than 60% of hedge funds fell in May

by

Bridgewater, King Street, Third Point, York among losers.

  
 Performance information was culled from the HedgeFund Intelligence database and original reporting from the AR team.

May brought misery for the hedge fund industry, as a wide wave of losses cascaded across managers in most strategies.

Approximately 63% of funds lost money, and the median manager dropped