Most fixed-income funds weathered the storm in May. Hamton I - Bond 004 was out in front with a 7.62% gain, taking it to 14.58% for the year so far. The CQS ABS Feeder Fund made 2.24% and is up 8.84% year-to-date.
Aviva Investors Fixed Income Macro was up 1.67%, and Aviva Investors G7 Fixed Income made 1.26%. Brummer's Nektar fund was up 2.03%, while Nektar Special Opportunity did not fare so well, losing 97bp. Capula Global Relative Value was up 1.39%.
On the positive side, Henderson Credit Opportunities lost just over 2.5%, but remains up 5.2% YTD.