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In the week ending 19 May, 2017, Seema Hingorani, a former chief investment officer of New York City's five pension plans, is said to be raising $500m to help five to seven new women- and minority-led hedge funds get off the ground. Other fund launches include OPIM's new partnership with Legend Arb Asset to launch its first commodities focused hedge fund; and Conquest Capital and ML Capital announced the launch of the Conquest STAR UCITS Fund.

Among outlooks, Bridgewater Associates' Greg Jensen and Jason Rotenberg published a note warning that U.S. stocks could plunge 10% if Donald Trump is impeached; Ray Dalio is predicting an "epic magnitude" downturn in the next financial crisis; and emerging hedge fund manager David Verlander is bullish on banking sector beating markets.

The Lyxor Hedge Fund Index was up +0.2% from 02 May to 09 (+1.1% YTD); The Preqin All-Strategies Hedge Fund benchmark returned 0.76% in April (+3.99% YTD); The Hennessee Hedge Fund Index gained +0.46% for the month (+3.76% YTD); And the Eurekahedge reported hedge fund index u......................

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