AQR Capital Management posts positive May returns in several funds, source says

LONDON, June 2 (Reuters) - Billionaire investor Cliff Asness's AQR Capital Management finished May with positive returns in several of its funds, said a source familiar with the matter on Monday.

The $135 billion hedge fund returned a positive 2.4% performance in May in its multi-strategy fund, Apex Strategy, with a net 10.6% return so far this year, the source said.

The hedge fund posted a 13.9% result through May in its AQR Delphi Long-Short Equity Strategy, with a positive 1.8% for May.

AQR's Helix Strategy which trades equity trends posted a flat return for May and is up 7% for the year through May.