GMS gains hold up in March and contribute to healthy first-quarter performance for most


The first quarter of 2012 saw good returns from hedge funds, which were for the most part sustained even after the New Year equity market rally began to peter out in March.

Many of the well-known names in the global multi-strategy sector clocked up strong numbers for the first three months of the year. These included Haussmann Holdings, up 7.13% for the quarter after a 0.81% month, and Aurora Global Opportunities which gained 6.62% for the year to date following a 0.91% March.

Permal Investment Holdings is up 6.41% year to date after a 1.19% March gain and