Dow Jones Credit Suisse Hedge Fund Index up 1.21 per cent in March
The Dow Jones Credit Suisse Hedge Fund Index finished up 1.21 per cent for the month of March, with nine of the 10 sub-strategies in positive territory.
Event driven (2.11 per cent), managed futures (1.74 per cent) and long/short equity (1.38 per cent) led the way while dedicated short bias was the only sub-strategy to record a negative return, finishing the month at -1.91 per cent.
The following funds were dropped from the Dow Jones Credit Suisse Hedge Fund Index in March: 1741 (LUX) Equity Active Indexing Market Neutral, Cheyne Global Catalyst Fund, GLC Diversified Fund, Global Undervalued Securities Fund, Standard Pacific Fund, Thames River Hillside Apex Fund, and Victory Capital.
There were no funds added to the Dow Jones Credit Suisse Hedge Fund Index in the month.
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