Performance declines for Europe and Asia funds
Following a strong performance in February (up 2.05%), hedge fund returns were flat to marginally negative in March, with the Eurekahedge Hedge Fund Index dropping 0.18%.
Markets across the globe saw divergent trends, with US hedge funds showing positive returns but Europe and Asia posted some declines.
The Eurekahedge North American Hedge Fund Index gained 0.6%, bringing its year to date returns to 4.82%.
Latin American hedge funds delivered the bes