Greenwich Global Hedge Fund Index rose 2.01% in May - up 0.49% in 2008 compared with loss of 3.81% for S&P 500
Jun 11th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Greenwich Global Hedge Fund Index (GGHFI) returned +2.01% in May, extending its gain of +1.59% in April. The S&P 500, MSCI World Equity, and FTSE 100 indices posted returns of +1.29%, +1.11% and -0.56%, respectively. Year-to-date, the GGHFI has returned +0.49% while the S&P 500, MSCI World Equity and FTSE 100 have year-to-date returns of -3.81%, -3.98% and -6.33%, respectively. 83% of constituent funds in the GGHFI ended the month with gains.