Composite index posts best return since Oct 2007


A very strong month for hedge funds across the board saw the EuroHedge Composite Index posting its best return since October 2007, with the index up by 1.81% on a median basis in March and by 2.31% on a mean basis.

Every strategy area was in positive territory, with emerging market equity leading the way with a median return of 6.66% and the managed futures median up 3.05%. The medians for convertible and equity arbitrage, emerging market equity and credit were all by over 2% on the month.