The Relative Value Arbitrage Index moved into positive territory (0.22%) followed by the Market Directional Index (0.04%) in the week ending 26 April.
All the other HFRX indices continued to languish in negative territory this week.
HFRX Indices performance April 20 to April 26<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
HFRX Global Hedge Fund Index
HFRX Equally Weighted
HFRX Convertible Arbitrage Index
HFRX Distressed Securities Index
HFRX Equity Hedge Index
HFRX Equity Market Neutral Index
HFRX Event Driven Index
HFRX Macro Index
HFRX Merger Arbitrage Index
HFRX Relative Value Arbitrage Index
HFRX Absolute Return Index
HFRX Market Directional Index
HFRX Hedge Fund Indices are designed to be representative of the overall hedge fund universe and its major component strategies.