April Chills Hedge Funds In Canada, The Netherlands

May 24 2012 | 10:56am ET

Canadian and Dutch hedge funds had a rough go of things last month, according to a pair of industry indices.

The Scotiabank Canadian Hedge Fund Index fell 2.99% in April, while the Finles Dutch Hedge Fund Index shed 1.12%. Both figures are far higher than global industry averages, which were essentially flat or slightly positive last month.

Dutch hedge funds remain up 2.29% on the year. Canadian hedge funds are down 6.65%. The global average for 2012 is a positive return of between 4% and 5%, according to industry indices.


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