May 2011 Hedge Fund Performance Commentary Eurekahedge
May 2011
Introduction
Hedge funds delivered another month of strong returns aided by favourable market conditions in April 2011 and rallies in underlying markets. The composite Eurekahedge Hedge Fund Index, which tracks the performance of nearly 2800 hedge funds, advanced 1.58%1 in April, bringing its 2011 year to date (YTD) return to 2.84%. Global equities, as represented by the MSCI World AC Index2, gained 1.84% in the same month in the face of reduced risk aversion and improved earnings fundamentals.
