Hedge Funds See Fifth Consecutive Month Of Net Allocations

Hedge funds witnessed the fifth consecutive month of net allocations in May, despite global markets experiencing mixed returns.

According to Eurekahedge, May saw the seventh consecutive month of positive returns, posting year-to-date returns of  3.89 percent. The total asset flows for 2013 currently stand at US $50 billion with total size of the industry pegged at US $1.87 trillion.

Despite the MSCI World Index down by 0.45 percent in May, the Eurekahedge Hedge Fund Index was up 0.20 percent. The following table depicts returns posted by the Main Eurekahedge indices:

Eurekahedge is...