L/S Equity, Asia-Pacific Hedge Funds Outperform In Q1:Preqin

Preqin’s Hedge Fund Spotlight 2013 rounds in on Long/Short Equity as the best performing hedge fund strategy of Q1 2013, which posted a cumulative net return of 4.43 percent in the first quarter, whereas the long-only hedge funds were up 7.99 percent over the same period, contributing significantly to the returns of L/S equity overall. Asia-Pacific focused funds returned the highest compared to any other region, rising as high as 8.9 percent in Q1, followed by North American region gaining 4.42 percent.

Long/Short Credit funds were also among the top...