The Dow Jones Credit Suisse Core Hedge Fund Index Down 1.71% in May

The Dow Jones Credit Suisse Core Hedge Fund Index finished down 1.71% in May as alpha remained elusive amidst a difficult trading environment
Oliver Schupp, President of Credit Suisse Index Co., LLC, said, “May was a challenging month for hedge fund managers across strategies as relatively low volatility levels, higher intra-stock correlations and continued market sell-offs created a difficult trading environment. Overall, the Dow Jones Credit Suisse Core Hedge Fund Index was down 1.71% for the month. Managed Futures saw the most significant decline, falling 4.40% as positions in energy, currencies and equities detracted from performance.”


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