Investable indexes: May 2012 returns

Tax burden falling

Dow Jones/Credit Suisse
The Dow Jones Credit Suisse Hedge Funds Index ended May down 1.33% and six of the 10 sub-strategies had losses for the month.

Long/short equity was the worst performer, falling 4.53% for the month, closely followed by emerging markets down 3.79% and equity market neutral dropping 3.18%.

Dedicated short bias outperformed the other sub-strategies by some way, gaining 9.03% for the month. Managed futures had the second best performance for May, ending the month up 2.38%.


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