Hedge Funds Witness Strong Rebound In May As Global Markets Stabilize

Hedge funds displayed strong performance in May after posting losses in March and April, following uptrend witnessed in the global markets. Independent data provider Eurekahedge in its June report points out that on a year-to-date basis, hedge funds are up 1.88% as against 2.63% clocked by the MSCI World Index in the first five months of 2014. Hedge funds asset flows in May 2014 Analyzing the asset flows in hedge funds, the report highlights that the current AUM of the global hedge fund industry is at a record high of $2.1 trillion while the net asset inflows for May stands…