Hedge Funds Rose an Average 1.8% in March

In its March performance update Hedge Fund Research Inc. [HFR] said hedge funds on average rose 1.8% last month, contributing to a 0.5 percentage point gain for the first quarter that outpaced public stock indexes.

Funds that invest in other hedge funds, meanwhile, fell 0.01 percent for the month. Funds-of-funds have eked out a 0.5 percent gain this year.

The biggest decliners were short-seller funds, down 4.7% last month as stocks surged. Macro funds, after a strong 2008, were down in March and for the quarter.

Equity hedge funds were the best-performing category last month, returning 3.4%, HFR said. [via Reuters]

Create Content With AI

Risk Our Money Not Yours | Get 50% Off Any Account

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.