Hedge funds stay positive despite challenging market conditions, up 0.20% in March

The Eurekahedge Hedge Fund Index was up 0.20% in March, with the year-to-date return at 1.33%. This makes March the ninth consecutive positive month for the hedge fund industry, as managers navigated successfully through turbulent market conditions.  The MSCI World Index was down 1.53%during the month.

Below are the highlights for March:

• Strong launch activity was witnessed in the first quarter of 2011, with more than 150 funds launched globally.
  
  
• Japanese hedge funds outperformed Nikkei 225 by 7.32% in March 2011.
  
  
• Hedge funds with exposure to fixed income assets outperformed in the first quarter of 2011, with distressed debt managers up nearly 4% March YTD.

To read more, please see the full Eurekahedge Index Flash, also accessible on Scribd and Issuu.