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Merger Arbitrage leads in lackluster week

May 20, 2005 at 7:11 am

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The Merger Arbitrage Index led the performance of the HFRX Indices in the week ended 17 May with a gain of 0.21%

The Merger Arbitrage Index led the performance of the HFRX Indices in the week ended 17 May with a gain of 0.21%

 

All the other indices lost ground, the worst loser being the Convertible Arbitrage Index with a loss of -1.70% over the week.

 

HFRX Indices performance May 11 to May 17

 

HFRX Global Hedge Fund Index

-0.72%

HFRX Equally Weighted

-0.68%

HFRX Convertible Arbitrage Index

-1.70%

HFRX Distressed Securities Index

-1.50%

HFRX Equity Hedge Index

-0.78%

HFRX Equity Market Neutral Index

-0.23%

HFRX Event Driven Index

-0.75%

HFRX Macro Index

-0.81%

HFRX Merger Arbitrage Index

0.21%

HFRX Relative Value Arbitrage Index

-0.03%

HFRX Absolute Return Index

-0.63%

HFRX Market Directional Index

-1.19%

 

HFRX Hedge Fund Indices are designed to be representative of the overall hedge fund universe and its major component strategies.