Mixed results for long/shorts in April’s markets


April was a relatively good month for European equities, but performance for Europe’s long/short managers was mixed.

Towards the top of the pile, Horseman European Select was up 6.02% to take three-month numbers to 9.44% — while DCM Alpha Europe gained 9.43% on the month and Odey OEI MAC was up 6.28%.

Nikolai Tangen’s big AKO Fund gained 5% to put three-month figures at 4.4% while RWC Samsara gained 4.51%, leaving three-month numbers at 3.27%, and Sandbourne was up 3.83% taking three-month returns to -1.28%. Odey European gained 3.52% to take three-month numbers to 2.56%, while Dowgate Europe