US-China Trade Tension

Hedge Fund Managers Posted Minor Losses Amidst Re-Escalating US-China Trade Tension

The Eurekahedge Hedge Fund Index slumped 0.63%1 in May as hedge fund managers struggled to generate returns during the risk-off month. The Trump administration's decision to raise tariffs on US$200 billion of Chinese imports signalled the escalation of the trade conflict between the US and China, leading to retaliatory tariffs from the other side. The worsening global economic outlook pushed global equities into the red for the month, as indicated by the 6.12% decline posted by the MSCI ACWI . . .

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