2nd UPDATE: Hedge Funds Post Biggest Drops Since 2008 In May - WSJ.com: "Nearly every hedge fund strategy lost money in May, although most faired better than the overall stock market, according to two industry indexes' end-of-May numbers released Monday.
Hedge Fund Research's HFRI Fund Weighted Composite Index dropped 2.26% in May, the index's worst month since November 2008. Hennessee Group LLC's Hennessee Hedge Fund Index had the average fund down 2.99%, its worst drop since October 2008.
Both indexes are now up less than 2% in 2010."
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Hedge Funds Post Biggest Drops Since 2008 In May
» 2nd UPDATE: Hedge Funds Post Biggest Drops Since 2008 In May - WSJ.com
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