Pivotal Point of View — May 2024

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Pivotal Point of View · May 2024

Pivotal Point of View — May 2024

Published 17 June 2024 · Covers May 2024

Originally issued as June 2024.

The PivotalPath Composite Index appreciated 1.1% in May and is up 6.1% YTD. The Index continues to generate positive alpha of 6.3% relative to the S&P 500 (S&P) over the last 12 months, even as equity markets declined in April and recovered in May. Read Full article to learn about Hedge Fund Performance.

+0.9%Composite, May
+5.9%Composite, year to date
+0.8%Composite, Q2
Equity DiversifiedLeading strategy

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Headline strategy indices

Strategy May Year to date
Equity Diversified +1.9% +7.3%
Event Driven +1.5% +3.9%
Equity Sector +1.2% +6.4%
Equity Quant +1.1% +6.7%
Credit +1.0% +4.5%
Multi-Strategy +0.8% +5.5%
Volatility Trading −0.2% +0.9%
Global Macro −0.5% +4.7%
Managed Futures −1.2% +8.8%

Net of fees, in USD. The Composite plus the nine headline indices with a published monthly series; ordered by month return.

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