The Eurekahedge Hedge Fund Index was up 1.13 per cent in April, supported by the global equities which advanced on encouraging economic data and accommodative central bank policies.  Positive earnings surprises helped renew investors’ optimism in the global equity market,

Hedge funds extended their run of positive returns to four straight months in April, returning 1.21 per cent for the month, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison, the S&P 500 Total Return Index rose