Australian based Absolute Return and Hedge Funds recorded a second consecutive positive month in April of 2.71% on the back of the ongoing global rally in equity markets.
Not surprisingly equity based strategies were the best performers, but with the exception of Managed Futures and Market Neutral, all single strategies recorded a positive month. The overall index of single funds returned +3.03% (based on 88% of results mtd) against the ASX200’s performance of +5.54%.
For detailed analysis of performance for each strategy, industry comment and ranking tables, please open the attached .pdf file.
Attached Files:
May Absolute Return and Hedge Fund Review (pdf format)
