Despite exceptional volatility in March, equity markets ended the month pretty much flat. Not surprisingly, returns from equity hedge funds were widely dispersed, and the InvestHedge global equity fund of funds median finished the month up 0.04%, while over the quarter equity funds of funds are up 0.19%.
FMG Special Opportunity Fund was up 2.91% on the month to put the year-to-date figures at 10.85%, and Berens Global Value Fund rose by 1.41%, taking first-quarter figures to -2.12%. Prisma Long/Short Equity was up 1.11% to take three-month numbers to 2.58%.
ABS Limited Partnership was up 0.3% on the