19.06.2009 Opalesque Exclusive: Rallying commodities drove Morningstar Emerging Market Hedge Fund Index 13.5% gains in May, but some indecision has returned in the first half of June
From Kirsten Bischoff, Opalesque New York:

The surge in hedge fund performance for Morningstar's leading index in May - the Morningstar Emerging Market Hedge Fund Index (+13.5%, +25.2 YTD), was attributed to US inflation expectations and commodity supply concerns. "Commodity prices, especially oil and gold, climbed dramatically in May-the S&P GSCI Energy and Gold Indexes rose 25.4% a

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