Hedge Fund Aggregate Average Up

Filed in archive Hedgetalk on May 8, 2007

The HFN press release for the Hedge Fund Aggregate Average shows an early estimate of April being the best month hedge funds have experienced since 1999, a year when the HFN Aggregate Average increased over 30%.

Standing at +2.61% for April 2007, the returns were clearly driven by strong global equity markets, emerging markets also turned in a blowout month in April as several EM equity markets reached all time highs.

Returns were below the S&P 500 Total Return which increased 4.43% during the month, but for the year hedge funds are still outperforming as the HFN Aggregate is +5.25% while the S&P 500TR is +5.10%. The HedgeFund.net database consists of over 7,200 current hedge fund, fund of funds, and CTA products.