After a difficult few months due to the pandemic, Year-to-date, only 4 hedge fund sectors were in the black for April, including;
(Additionally, YTD the hedge fund industry is down 7.01% through April.)
The hedge fund industry as a whole gained 5.46% in April, with US stocks experiencing their best month in decades.
Out of all sectors tracked by Barclay Hedge Fund Indices, only 2 were in the red for April, including;
For those who were looking for relief during this difficult time, unsurprisingly the Healthcare and Biotechnology Index saw 13.27% returns.Success was also found in emerging markets;
President of Barclay Hedge Sol Waksman was quoted as saying;
“In spite of the worsening news in the coronavirus battle, massive government stimulus programs buoyed equity markets and provided a favorable tailwind for hedge funds”
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