Pivotal Point of View — May 2025

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Pivotal Point of View · May 2025

Pivotal Point of View — May 2025

Published 17 June 2025 · Covers May 2025

Originally issued as June 2025.

The majority of strategies enjoyed a healthy May as equity markets roared back to life and macro trends continued to provide opportunities.

+2.0%Composite, May
+2.0%Composite, year to date
+4.0%Composite, Q2
Equity DiversifiedLeading strategy

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Headline strategy indices

Strategy May Year to date
Equity Diversified +4.1% +4.6%
Event Driven +3.2% +2.8%
Equity Sector +2.5% −1.9%
Equity Quant +2.2% +7.0%
Credit +1.4% +2.9%
Multi-Strategy +1.3% +2.3%
Global Macro +0.2% +2.7%
Volatility Trading −0.6% +3.5%
Managed Futures −1.6% −9.5%

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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