April boosts many strategies.
Most major hedge fund strategies reported gains in April, with especially strong results for U.S., global and Latin America equities. The Absolute Return U.S. Equities Index gained 2.77% for the month, the Global Equities Index returned 3.30% for the month and the Latin America Equity Index rose 5.28%, pushing their year-to-date totals to 3.08%, 3.93% and 8.39%, respectively. Distressed and event driven strategies followed suit, gaining a healthy 3.32% (4.31% YTD) and 2.27% (5.51% YTD), respectively. April was another tough month for CTA and commodities funds, with these strategies producing losses of 1.24% and 1.27%, respectively. Mixed arbitrage