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Citco Monthly Hedge Fund Update - May 2024
20 June 2024 - Hedge funds got back to winning ways in May with two-thirds of funds in positive territory for the month.
The overall weighted average return for funds administered by the Citco group of companies (Citco) came in at 1.7% in May, rebounding sharply from last month’s small dip to give a year-to-date return of 8.26%.
These are some of the findings from Citco's Monthly Hedge Fund Update, which explores performance, capital flows, trade volumes and treasury volumes during the month of May.