Dow Jones Credit Suisse & RCB Post Positive Hedge Fund Returns

New York (HedgeCo.net) – RBC Capital Markets today reported that for the month of March 2011 the RBC Hedge 250 Index had a net return of -0.32 per cent. This brings the year-to-date return of the Index to 1.65 per cent. These returns are estimated and will be finalized by the middle of next month. The return for February 2011 has been finalized at 1.27 per cent.

“The Dow Jones Credit Suisse Hedge Fund Index finished relatively flat in March, gaining 0.12%; however, as evidenced by the daily performance of the newly launched Dow Jones Credit Suisse Core Hedge Fund Index, hedge funds fell approximately 1% mid-month before they rebounded to recover losses suffered following tsunami-related events in Japan.” Oliver Schupp, President of Credit Suisse Index Co., LLC, said, “The addition of the Dow Jones Credit Suisse Core Hedge Fund Index enables investors to more accurately track the impact of market events on the hedge fund industry on a daily basis and provides the objective, transparent insight investors are seeking from the hedge fund space.”

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