Reuters – Hedge fund managers eked out tiny gains in March and are up for the year, according to data released on Thursday but the asset class again lagged the broader stock market.
The average hedge fund inched up 0.31 percent in March and is now up 1.99 percent for the year, data from Hedge Fund Research show. The broader Standard & Poor’s 500 stock index ended the first three months up 5.43 percent even though it slipped 0.10 percent last month.
