Hedge Funds Rise 2.28% In April

May 20 2008 | 12:47pm ET

Hedge funds bounced back in April, rising 2.28%, according to new figures from BarclayHedge.

Sixteen of the firm’s 18 indices were in positive ground last month, led by strategies buoyed by April’s equity market rally. Technology funds returned 6.41% after losing 5.58% in the first quarter. Emerging markets funds also rallied after a tough first three months and returned 3.87% in April, with Pacific Rim equities funds adding 3.75%.

“Global equity markets enjoyed a broad-based rally in April, raising stock prices in both developed and emerging markets,” Sol Waksman, BarclayHedge president, said. “Stock markets in Brazil, China and India saw double-digit increases for the month.”

Other strong performances were turned in by fixed-income arbitrage funds, which rose 3% on average, and distressed securities funds, which added 1.99% after five straight losing months.

The BarclayHedge Fund of Funds Index returned 1.16% last month.


In Depth

Q&A: Filippo Pignatti Morano On The Ultimate Alternative Investment...Classic Cars

Jan 29 2015 | 12:37pm ET

In 2011, Filippo Pignatti Morano launched a fund to invest in classic cars. FINalternatives...

Lifestyle

Looking For A Hedge Fund Manager? Try Davos

Jan 28 2015 | 8:48am ET

Davos, Switzerland seems to have become the hedge fund capital of the world—at...

Guest Contributor

Five Tips For Successfully Marketing Your Hedge Fund

Jan 30 2015 | 9:14am ET

When it comes to the hedge fund industry, the notion of “build it and it will...

 

Editor's Note