2nd UPDATE: Hedge Funds Post Biggest Drops Since 2008 In May - WSJ.com

<a href="http://online.wsj.com/article/BT-CO-20100607-710878.html?mod=WSJ_latestheadlines">2nd UPDATE: Hedge Funds Post Biggest Drops Since 2008 In May - WSJ.com</a>: "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. <br />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. <br />Both indexes are now up less than 2% in 2010."

2nd UPDATE: Hedge Funds Post Biggest Drops Since 2008 In May - WSJ.com

2nd UPDATE: Hedge Funds Post Biggest Drops Since 2008 In May - WSJ.com : "Nearly every hedge fund strategy lost money in May, although ...

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