The Dow Jones Credit Suisse Core Hedge Fund Index, which provides daily valuations allowing investors to more accurately track the impact of market events of the hedge fund industry, finished up 1.44% in April.
Oliver Schupp (pictured), President of Credit Suisse Index Co., LLC, says: "After a downturn mid-month, the Dow Jones Credit Suisse Core Hedge Fund Index rebounded to finish up 1.44% in April. Managed Futures was the best performing sector, gaining 4.78% for the month as trading models successfully picked up on reversals in market movements across sectors."