Flat EH index return in March masks broad dispersion


European hedge funds appear to have come through a torrid month in March largely unscathed, although the flat overall index performance masks very broad dispersion in terms of individual fund returns – with many big outliers on both the positive and negative sides.

With numbers for March now in for about 75% of the funds in the EuroHedge database, the EuroHedge Composite index is showing a provisional median return of just -0.05% for March – after a month in which global markets were buffeted by events in Libya and the Arab world, the disasters in Japan and an