Equities: Powering ahead

Tue May 29, 2007

With this April proving to be the S&P 500’s best month in three years – the index rose 4.4% – it is owing to a defensive posture that U.S. long/short equity funds fell well short of that return, with the Absolute Return U.S. Equity Index gaining 1.77% for the month to total 4.43% YTD. Global equity funds fared better, though they still trailed the broader markets. The Absolute Return Global Equity Index gained 2.40% in April,...

ISSN: 2151-1845 / CDC10004H

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