The Dow Jones Credit Suisse Hedge Fund Index up 1.80% in April, attracts $9 billion in fresh money
Oliver Schupp, President of Credit Suisse Index Co., LLC, said, "The Dow Jones Credit Suisse Hedge Fund Index rose 1.80% in April, with nine out of ten sectors posting positive performance for the month. Managed Futures was the best performing sector for the month, finishing up 5.40%."
Schupp continued, "Overall, the industry continued to see inflows with an estimated $9 billion in assets entering the space in April for a total of $35 billion in new inflows year-to-date, this brings overall industry assets to $1.84 trillion, the highest level since 2008."
Performance for the Broad Index and its ten sub-strategies is calculated monthly. April, March and YTD performance numbers are listed below and are available at www.hedgeindex.com.