Global hedge funds posted mixed returns in May as the financial markets traded on wide ranges, according to Hedge Fund Research. The HFRX Global Hedge Fund Index gained +0.26% (+2.55% YTD) and the HFRX Absolute Return Index gained +0.59% (+2.40% YTD).

But the HFRX Equity Hedge Index posted a decline of -0.18% (+3.24% YTD) for May with contributions from fundam