(FINalternatives) Hedge funds largely weathered a number of headwinds in March, including a Fed interest rate hike, Trump’s stumble with U.S. healthcare and the official start of the Brexit process, according to early data from Eurekahedge. The Eurekahedge Hedge Fund Index rose 0.34% in March and 2.29% in the first quarter of the year, the company said. Nonetheless, the measure underperformed – underlying markets as represented by the MSCI AC World Index (Local) gained 0.79% during the month, with first quarter gains of 5.06%.

To read this article: