Funds of Hedge Funds Performance

Managed futures and gold lead the top performers


In April, the top 10 performing funds of funds were of differing strategies, with Salus Alpha Managed Futures (UCITS) up 10.24%, followed by the new gold share class of Leveraged Capital Holdings, which was up 7.8%.

Gold was the theme in April as investors chased safe haven ­options and the Stenham Gold fund was also up in the top 10 with returns of 5.12%.

Japan and India provided the backdrop for the returns of Galileo Japan Fund and FMG India Opportunity Fund, which were up 4.56% and 4.12%, respectively, in April.

The FMG India fund was up 92.29%, making