Hedge fund management company Laureate BVI Ltd. announced financial results for May 2010. The fund profited in short positions on the Euro and Global Stock Exchanges, having recorded phenomenal gains of 4.27%. With year-to-date returns now make 17.73%, the fund is ranked in the upper 1% of the top performing global hedge funds.
BVI Fund’s CEO Peter Tasca stated in his monthly report that the portfolio is trading as expected.
According to independent data compiled from different sources, Laureate’s investment strategies have outperformed 98% of the world’s most successful funds over a 3-year, 5-year and 10-year average.