Performance

Fixed income and credit managers keep the returns coming

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While many hedge fund styles were rather upended in March, it was a different story in fixed income and credit, where the vast majority of funds made money on the month – even if many were up by less than 1%.

In fixed income, Asgard was up 4.57% for the month to give it a three-month return of 13.70%, while Midgard returned 3.56% for a 14.41% gain year-to-date. Danske Invest Hedge Fixed Income Strategies was also up 3.56%, making for a 13.67% return in the first quarter.

Pelagus and Prologue each returned 0.87% and are both hovering around