The Credit Suisse Hedge Fund Index finished down 0.48 per cent for the month of March, with seven of the 10 sub-strategies in negative territory for the month.

Managed futures was the worst performer with a return of -1.82 per cent, followed by emerging markets (-1.51 per cent) and long/short equity (-1.19 per cent).
 
The three sub-strategies to finish the month with positive returns meanwhile were dedicated short bias (+0.56 per cent), fixed income arbitrage (+0.41 per cent) and convertible arbitrage (+0.22 per cent).
 
Performance for the Broad Index and its 10 sub-strategies is calculated monthly.