Global and EM equity players tumble amid market turmoil


Returns from global equity funds were overwhelmingly negative in May as tumbling stock markets and continued macroeconomic uncertainty played havoc with long/short strategies.

Audley Natural Resources lost 11.17%, while SR Global was down 9.66%, Gond-wana dropped 8.04% and RAB Global Mining and Resources fell 8%. Abbey Global took a 7% hit, Taube Offshore was down 6.74%, GLG Global Mining lost 6.59%, Parus was down 6.35% and BlackRock Natural Resources dropped 6.28%. RAB Octane lost 6.20% and RAB Energy was down 6.01%, while Tosca lost 5.91% and Jabcap Global Balanced was also down 5.91%.

RAB Special Situations lost 5.81%,