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Alternative Market Briefing

Hedge funds recover in April

Thursday, May 17, 2018

Komfie Manalo, Opalesque Asia:

Hedge funds rebounded in April after reversing the negative performance at the end of the first quarter, with the Preqin All-Strategies Hedge Fund benchmark returning 0.91% last month and expanding its year-to-date returns to 1.1%, data provider Preqin said.

In its latest Hedge Funds Performance Update, Preqin said that all top-level strategies generated positive returns during the month. Event driven strategies led the pack with gains of 1.19% in April, bringing the year-......................

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