(CNBC) US stocks had their best month in decades in April and hedge funds sailed to a 5.46 per cent return, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison, the S&P 500 Total Return Index was up 12.8 per cent in April.
Hedge fund industry gains 5.46 per cent in April, says Backstop BarclayHedge
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