Hedge Funds Recorded Strong Returns In April 2020Guest Post
Hedge funds recorded strong returns in April recouping some losses they suffered in Q1 2020
Equal-weighted and asset-weighted hedge fund performance
Hedge fund managers ended April 2020 up 3.97% on an equal-weighted basis, and 2.65% on an asset-weighted basis, supported by the robust performance of the global equity market which gained 10.47% during the month. Market optimism towards the development of a potential vaccine and the reopening of the economy boosted the performance of risk assets in April.
Over the month of April, US$3.0 billion of investor inflows and US$24.0 billion of performance-driven gains were recorded by the global hedge fund industry.
Hedge fund performance by region (2020 YTD)
Hedge fund performance by strategy (2020 YTD)
Hedge fund launches and closures
Hedge fund launces with ≥20% performance fees