Fund of funds performance holds up in volatile March but lags benchmarks for the quarter


In a volatile month for equity markets, which saw a number of high-profile hedge funds sustaining losses, funds of funds were generally able to preserve capital, which was shown with the Global Multi-Strategy median only down 0.06%. Overall though it has been a grim quarter for the industry, with the median up just 1.18% compared with a nearly 4% return from the MSCI World.

It was a good month for Silver Creek Low Vol Strategies, which was up for 2.04% on the month taking three-month figures to 3.65%, while Persistent Edge Global Partners Master was up 1.26% taking