The majority of hedge funds struggled again in March, with
early estimates for the Absolute Return Composite
Index indicating a loss of 0.99% for the month, bringing first
quarter performance to -0.94%. By contrast, at the end of the
first quarter last year, the Composite Index had gained
Managed futures funds were relatively flat on the month,
returning 0.37% and with the median now up 6.54% for the...