Tuesday, 7 July 2015
Last updated 18 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…