Asset Flows Update

The Eurekahedge Hedge Fund Index declined -0.56% in May, trailing behind the S&P 500 which ended the month roughly flat. Heightened market volatility persisted through the month as the market continues to face strong headwinds from the ongoing war in Ukraine, COVID-19 pandemic, rising inflation and the potential for a faster pace of monetary policy tightening, fanning concerns that the economy might be moving towards a recession in the near future.

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