Managed futures experienced the best performance among the Credit Suisse/Tremont Hedge Fund Index strategies in March, with gains of 4.25 per cent largely due to trend followers who were able to generate profits across many sectors including equities, commodities and currencies.
All strategies except dedicated short bias were positive for the month, with five strategies registering gains over the 2.0 per cent mark.
The second highest performer, emerging markets, benefited from the rallying of risky assets and the economic recovery as concern surrounding the ongoing Greek debt crisis appeared to ease.
Long/short equity managers also delivered gains in March, up 2.99 per cent, as equity markets around the globe experienced run-ups, although many managers remained cautions due to broad macro-economic concerns.
The Credit Suisse/Tremont Hedge Fund Index gained 2.22 per cent in March.
