Some Hedge Funds Prosper In March; Loeb Scores With CVR Energy, Statoil Fuel

Barron’s – Earthquakes and tsunami in Japan and continuing unrest in the Middle East and North Africa turned March into a difficult month for hedge fund managers.

Hedge fund indexes tracked by Bank of America (BAC) Merrill Lynch lost 0.91% last month. That compared to a slight gain by the S&P 500, analyst Mary Ann Bartels wrote in a report today.

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