EuroHedge Composite index slides by 2% in May


The EuroHedge Composite index fell by 1.94% on a median basis in May, and by 2.35% on a mean average basis, as one of the worst and most volatile months ever took its toll across the board.

The biggest falls were in equity-focused strategies - with the median indices for emerging market equity, global equity, convertible and equity arbitrage, European equity and event-driven all down between 2.4% and 6.9%.

The medians for macro, currency and managed futures were all roughly flat - posting basis-point losses. And only two strategy areas were in positive territory for