New GlobeOp Index Shows Hedge Funds Up 0.51% In April

May 15 2012 | 11:46am ET

Hedge funds returned 0.51% in April, according to the GlobeOp Hedge Fund Performance Index—and if you’re not familiar with that benchmark, it could be because today is the first time it’s been published.

The index—which puts hedge funds up 3.66% year-to-date—is the latest offering from the hedge fund administrator which counts about 10% of single-manager hedge funds as it clients.

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