(Evestment) April saw a second consecutive month of positive aggregate hedge fund performance at +1.10%, bringing year-to-date returns to +0.83%, according to the just-released April 2016 eVestment Hedge Fund Performance Report. Two thirds of global funds reporting to eVestment saw positive returns in April, with Russia- and Brazil-focused funds showing extraordinary strength, returning 8.51% and 6.01% respectively.
Hedge Funds See 2nd Consecutive Month of Positive Performance in April; Russia, Brazil Funds Shine
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