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In the week ending May 21st, 2021, a report by Eurekahedge said that hedge fund managers were up 2.13% in April, supported by the strong performance of the global equity market which returned 3.53% during the month.

Also BarclayHedge and eVestment said that April was a good month for hedge funds. The hedge fund industry added to its gains in April, returning 2.14% as the industry posted a sixth consecutive month in the black, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison the S&P 500 Total Return Index gained 5.34% in April. Fund performance across the hedge fund segment in April 2021 was broadly positive, with 85% of reporting products producing positive results with an average return of +2.61%, said eVestment. For the year, the aggregate return for the industry is +7.61%, a fairly good relative return when looking across global equity and fixed income markets.

Meanwhile, hedge funds managing over $1bn outperformed their sub-$1bn peers in April, aided b......................

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