Alpha DNA: May 2019 Update

Commentary

Most investors are very happy to have May 2019 in their rear-view mirror. It was the first negative month of 2019 for the broad equity indices as both the S&P 500 and Russell 3000 were down more than -6%. Our IAS equity strategies were also down in May but our long/short strategies held up better than the long-only strategies thanks to the hedges we had in place.

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