(Opalesque)As financial markets responded favorably to the US Federal Reserve’s shift away from its monetary tightening bias during Q1, the Hennessee Hedge Fund Index gained +0.43% for the month (+5.70% YTD). Most economic indicators remained tepid, although China displayed some initial signs of stabilizing activity. The mature global business cycle continues to warrant smaller cyclical allocation tilts and the prioritization of portfolio diversification.
Hennessee Hedge Fund Index gains +0.43% in March
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