The Credit Suisse Hedge Fund Index finished up 0.60% for the month of March, with half of the ten sub-strategies finishing the month in positive territory.
Managed Futures led the way with a return of 2.40%, followed by Global Macro (1.30%, Multi-Strategy (1.05%), Emerging Markets (0.74%) and Event Driven (0.36%).
Long Short Equity was the month’s biggest loser down 0.42%, while Dedicated Short Bias (-0.31%), Convertible Arbitrage (-0.27%), Equity Market Neutral (-0.21%) and Fixed Income Arbitrage (-0.08%) also recorded negative returns.