Lipper: Hedge Funds Flat In April

May 14 2010 | 1:15am ET

Hedge funds were basically flat in April despite rising equities markets.

The Lipper Hedge Fund Composite Index returned just 0.02% on the month. As if to emphasize the underwhelming performance, other hedge fund strategies topped the charts in April, rising 1.65%. Emerging markets funds rose an average of 1.23%. Most of the rest posted returns of less than 1%.

Convertible arbitrage funds added 0.54%, while managed futures funds added 0.41%. Long-bias funds actually managed to do slightly worse than the overall index, rising just 0.01%, despite the fact that the Standard & Poor’s 500 Index returned 1.57%.

Equity long/short funds lost 0.11% on the month.


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note