Several Asian markets rallied sharply and a number of long/shorts posted good gains on the month.
JF Asia Absolute Return Fund was up 1.53% in March to bring three-month numbers to 6.5% and WF Asian Reconnaissance Fund was up 12.18%, putting three month numbers at 6.13%.
Marshall Wace Asia Diversified TOPS saw a 2.27% gain leaving first-quarter returns at 5.28%.
Green Dragon was up 15.38% for March leaving three-month numbers at 3.03%.
TT Asian Opportunities Fund was up 2.26% in March to leave three month numbers at 2.09%. Best performing long positions in March included China Telecom, CNPC Hong Kong, Equinox