Caxton Hawk Down 5% in May, Loses In Emerging Markets, Commodities

Another hedge fund suffers big losses in emerging markets and commodities—Caxton Hawk Fund slides 4.6 percent in May, incurring losses in EM fixed income and commodities like natural gas and crude oil. The fund has entered June with a net short in EM fixed income assets and neutral on EM equities. Caxton Hawk Suffered Major Losses Caxton Associates Caxton Hawk suffered major losses in the month of May, detracting 4.6 percent amid equity and bond market tremors, bringing YTD performance to -4.3 percent. The flagship Caxton Global Investment Fund, AUM $4.4 billion, lost 1.25 percent in the first week of June…