Society Generale's Newedge CTA index declined 0.4% for the month.
Advisors (CTAs) suffered a second consecutive month of losses
in May as the sector was hit by challenging conditions in
currency and bond markets, according to French bank Societe
Societe Generale Prime Services which
compiles the Newedge CTA indices said all of its main indices
saw losses last month but they were less severe than those seen in April.
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