Hutchin Hill Capital Up 10% in 2013, Credit PM Retires

Hutchin Hill Capital, with $1.1 billion under management, gained 1.29 percent in May, bringing the YTD return to 10.11 percent according to shareholder letters obtained by ValueWalk. It appears that most of the hedge fund’s returns were added in the month of April, as HH was up only 3.8 percent in Q1. The fund netted most of its gain in the Event Driven strategy that compounded 1.33 percent in May, Equity lost the most and was down 0.22 percent in the same period. For the year so far, the best performing strategy has been Systematic and Quantitative which returned 4.27…