New York (HedgeCo.net) – The UCITS Hedge Fund Strategy (HFS) Index lost -0.42% in the second week of trading in April and is down -0.06% month to date (by business day 10, April 14th, 2011). The only two sub-strategies posting positive returns in the last five trading days were Arbitrage (+0.19%) and Credit (+0.09%).
While Event Driven didn’t move at all, the biggest losers were Global Macro (-0.93%), L/S Equity (-0.60%) and Convertible (-0.55%). From a month to date perspective the worst performing strategy stays Fixed Income with an accumulated loss of -2.15% in April so far. The broad UCITS HFS Index now stands at -0.73% in 2011.
Editing by Alex Akesson
For HedgeCo.net
alex@hedgeco.net
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