Hedge fund managers up 3.73% in April, reduce YTD losses to 4.64%

(Opalesque) Hedge funds recouped some of the losses they suffered amidst pandemic-induced market chaos. The Eurekahedge Hedge Fund Index was up 3.73% in April – recording its strongest monthly performance in recent years, supported by the strong performance of the underlying global equity market as represented by the MSCI ACWI IMI (Local), which gained 10.47% over the month.

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