Fund of Hedge Funds Performance

Managed futures and gold lead the top performers

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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