Hedge funds recorded fourth positive month of the year in April
Hedge fund managers ended April 2019 up 1.05 per cent on an equal-weighted basis, and 1.00 per cent on an asset-weighted basis. Roughly 70.6 per cent of the hedge fund managers tracked by Eurekahedge recorded positive returns over the month.
Fund managers focusing on North America overtook their Asian peers and topped the chart across geographic mandates by returning 6.72 per cent year-to-date.
Across strategies, long/short equities mandate maintained their top spot based on April 2019 year-to-date performance.