Prime Services Monthly: Hedge Fund Performance

Global hedge funds returned +3.5% in April, recouping March losses as the S&P 500 surged 10.9% on geopolitical de-escalation and tech optimism.

Key Takeaways

• 1.Hedge funds saw a strong recovery in April, returning +3.5% on a strategy-weighted basis, led significantly by Equity Long/Short strategies.
• 2.The S&P 500 recorded its strongest month since November 2020, gaining 10.9% amid AI optimism and easing geopolitical tensions in the Middle East.
• 3.Asia-focused hedge fund managers outperformed other regions significantly, posting gains of +8.6% for the month.

Table of Contents

• APRIL MARKET WRAP
• HEDGE FUND PERFORMANCE
• Additional Disclaimers

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