The HFRI Long Volatility Index, first published by HFR in April and which includes long volatility and tail risk strategies, fell -2.5 percent in May as volatility declined; this after gaining +4.7 percent in April. The Index is the industry's leading benchmark for pure long volatility and tail risk strategies, which has quickly become a core area of focus for institutional investors. Last month, HFR hosted an investor event in Boston for the index launch; a recap and highlight videos of the event presentations and panel discussion is available here.