Gold Analysis Today: XAU/USD stabilizes around $2315, showing resilience with support at $2291 amid weaker US data bolstering prospects for Fed rate cuts.
Hedge funds fell for a second consecutive month in May with a return of -0.4%, dragging year-to-date returns further into the red at -1.4%. HFM's Global Composite Index was down -0.4% in May and -1.4% year-to-date, while the HFM FoHF Composite Index declined -3.5% year-to-date.
In the week ending May 20th 2022, HFM announced that its Global Composite Index was down -0.4% in April and -0.6% year-to-date, while the HFM FoHF Composite Index declined -2.6% year-to-date. Billion-dollar club funds outperformed smaller funds for
Hedge funds returned 1.4% in December, ensuring the industry recorded a double-digital gain for two consecutive years for the first time in more than a decade