Wednesday, May 13, 2009
Hedge Funds Rally in April; Barclay Hedge Fund Index Up 5.05%
FAIRFIELD, Iowa, May 12, 2009– Hedge funds jumped 5.05% in April according to the Barclay Hedge Fund Index compiled by BarclayHedge.
“This is the largest one-month gain for hedge funds since February 2000, when the Barclay Hedge Fund Index soared 6.76 percent,” says Sol Waksman, founder and president of BarclayHedge.
“The resurgence of global equity markets in April has given a big lift to most hedge fund strategies.” . .
Read the entire Hedge Fund Press Release by clicking here.
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