Deutsche Bank Prime Brokerage April Report

The April 2014 Monthly Hedge Funds Trends report from Deutsche Bank Markets Prime Finance puts the recent rally in emerging markets in perspective. “The Global Strategy team highlights an emerging markets recovery for the month of March from oversold levels,” says the note. “They reason that although the bounce might not be fundamentally driven, some investors may be interpreting weakness in the Chinese economy as a precursor to easier monetary and/or fiscal policy.” Global hedge fund returns in March Globally, during March, median hedge fund returns were led by emerging market equities which gained 1.02%, followed by fixed income strategies…