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Australian hedge funds return 2.21 per cent in March

April 29, 2009 at 5:08 pm

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Australian hedge funds returned 2.21 per cent in March compared with -1.45 per cent in February, according to a review by Australian Fund Monitors.

Australian hedge funds returned 2.21 per cent in March compared with -1.45 per cent in February, according to a review by Australian Fund Monitors.

Year-to-date performance for all indexes is now at 1.17 per cent.

Equity-based funds were the highest performers in March at 3.20 per cent (-2.01 per cent in February), followed by single funds at 2.51 per cent (-1.76 per cent in February).

Non-equity based funds returned 0.53 per cent in March (-0.72 per cent in February), while fund of funds returned -0.51 per cent (-0.34 per cent in February).
  
The highest performing strategy was the equity 130/30, which returned 6.66 per cent in March.