Good outlook for economy boosts returns for global equity funds

Tue May 4, 2010

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March was a strong month for global equity markets, and a number of equity long/short managers performed well, while macro strategies made hay thanks to a steepening yield curve and a rise in risky assets. As a result, most funds of funds posted good monthly returns, finishing the first quarter in a pleasingly robust manner.

This move was a reaction to the improving sentiment and expectations for economic recovery, which was backed by a decline in the VIX index that ended the month at 17.6%. That said, there is also talk of inflationary pressure, particularly...

ISSN: 2151-1845 / CDC10004H


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