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Greenwich Global Hedge Fund Index up +1.18% (est.) in March and +3.86% for the first quarter 2013

Thursday, April 04, 2013
Opalesque Industry Update - Hedge funds are off to a good start for 2013 as the first quarter comes to a close. Initial estimates show all strategies posting positive first quarter returns as well as positive returns for the month of March.

• Arbitrage strategies were the most successful in March according to initial estimates, adding +2.59% in the month to bring their first quarter return to +4.60%

• Long-Short Equity was the second best performer in March gaining +1.47% on average and the top performer on a quarterly basis, finishing 1Q2013 up +5.64%

• Uncertainty seems to continue to plague some managers with Equity Market Neutral and Long-Short Credit improving only slightly in March up +0.33% and +0.24% respectively

 

Mar-13*

YTD

Greenwich Global HF Index

1.18%

3.86%

Equity Market Neutral Index

0.33%

2.10%

Event-Driven Index

1.36%

4.19%

Arbitrage Index

2.59%

4.60%

Long-Short Equity Index

1.47%

5.64%

Futures Index

0.70%

0.90%

Macro Index

1.10%

3.00%

Long-Short Credit Index

0.24%

1.95%

Multi-Strategy Index

0.72%

2.84%

* indicates an estimated return


Press release

www.greenwichai.com

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