Hedge Funds Post Strong Performance in March, Preqin Index Grows 3% in Q1
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Hedge Funds Post Strong Performance in March, Preqin Index Grows 3% in Q1
The latest report on hedge fund asset performance from industry data provider Preqin showed that hedge funds turned in the best performance since 2013. Preqin’s widely-followed All-Strategies Hedge Fund Index gained 0.68 percent in March 2017, building on the industry’s steady performance in the prior two months which saw returns of 1.01 percent and 1.46 percent in February and January respectively.
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Event driven and equity strategies did particularly well last quarter, gaining 4.18 percent and 4.06 respectively. Overall, all leading hedge fund strategies posted positive returns across the first ... (read more)
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