09.05.2008 Performance: Opalesque Exclusive: GLS`s EM, macro and MENA hedge funds make a dramatic recovery in April due to GCC markets, Last year`s biggest losers rebound in Q1, Fortress posts surprise loss of $69m for Q1, Energy sector funds lead hedge fund rally in April, In currency market`s `trader`s dream`, hedge funds gained in Q1 2008, John W. Henry & Co`s fund rose 14%, Investors stand by 130/30 funds despite negative returns
Opalesque Exclusive: GLS`s EM, macro and MENA hedge funds make a dramatic recovery in April due to GCC markets GLS’ suite of funds (Global long/short, GEM and MENA focused hedge funds) posted impressive results in April due to their rapid deployment of capital in the GCC in the first few days of the month. GLS feels that the intensive research and commitment to the Gulf markets that it has made
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