Greenwich Global Hedge Fund Index up +0.97% in April

May 3, 2013 - PRLog -- Hedge Fund Strategy Highlights

·         Hedge funds continued to improve through April, adding +0.97% during the month on average, and bringing the Greenwich Global Hedge Fund Index YTD performance up to +4.54%. All primary strategies reported gains for April.

·         Macro managers are the top performers for April according to initial results, adding an average +2.68% during the month

·         Event Driven managers added an average +1.91% in April, and are now up 6.10% YTD. This strategy has now surpassed Long-Short Equity as the leading strategy for 2013.

·         Long-Short Equity struggled the most during April, adding a modest 0.17% on average. Individual results were mixed and highly dispersed, with 58% of managers reporting gains. Many managers may have reduced exposure in anticipation of the annual May 1 sell off and going into the quieter summer trading period.

Strategy Index Flash Returns

April

Return

YTD Return

Greenwich Global Hedge Fund Index

0.97%

4.54%

Equity Market Neutral

0.78%

3.02%

Event-Driven

1.91%

    6.10%

Arbitrage

1.04%

4.20%

Long-Short Equity

0.17%

5.37%

Futures

1.81%

2.54%

Macro

2.68%

5.36%

Long-Short Credit

1.42%

3.58%

Multi-Strategy

1.08%

3.94%

The Greenwich Global Hedge Fund Index is one of the oldest benchmarks of the hedge fund universe. Full Strategy and Regional results for April will be available in mid-May, once additional funds have submitted returns. Final Index results will be available on the third business day in June. Past performance and index construction rules for all Greenwich Hedge Fund Indices may be viewed at www.greenwichai.com.  

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Greenwich Alternative Investments, LLC (and its affiliates) manages one of the world’s largest hedge fund databases and is among the oldest providers of hedge fund indices, asset management services, and research to institutional investors worldwide.

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