Alt Investments

Hedge Funds Post Positive Results For March - Dow Jones Credit Suisse Index

Joseph Milton 25 April 2011

Hedge Funds Post Positive Results For March - Dow Jones Credit Suisse Index

Hedge funds performed positively in March on average, the Dow Jones Credit Suisse Hedge Fund Index commentary for March 2011 reports.

Five of the ten strategies in the index performed positively, with overall performance up 0.12 per cent.

The Japanese earthquake caused early losses for equity market neutral managers, but re-risking towards the end of the month meant they finished March up 1.11 per cent.

Global macro managers benefited from the resulting market dislocation after the earthquake, which created a number of shorter-term tactical trading opportunities, and they finished the month up 0.15 per cent.

Managers gained from long currency and equity positions bolstered by better than estimated earnings in emerging markets - the best performing sector in March, up 2.12 per cent.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes