Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished April up 1.39 per cent, with nine out of 10 strategies in positive territory. In total, the industry saw estimated inflows of approximately USD3.36bn in April, bringing overall assets under management for the industry to approximately USD1.85trn.

The equity market neutral and fixed income arbitrage sectors experienced the largest asset inflows on a percentage basis, with inflows in April equal to 1.40 per cent and 1.22 per cent of the March 2013 levels, respectively.