Barclay Group: 70% of hedge funds report losses in May, Barclay Hedge Fund Index down -1.78%

June 14 (Opalesque): More than 70% of hedge funds lost money in May, according to flash estimates from the Barclay Group. The average loss was 3.09%. “Broad declines across equity-based strategies resulted in widespread hedge fund losses in May,” says S

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