Millennium’s Equity Arbitrage Strategy Led The Way In March

March brought many funds back down to Earth with solid returns that didn't have the shine of January and February's returns. Millennium International was down 0.04% for March, putting the fund up 1.69% for the first quarter, according to the fund's April 10 letter to investors, which was reviewed by ValueWalk.

Q1 hedge fund letters, conference, scoops etc

Best- and worst-performing strategies

The fund's strongest strategy during the month was its Equity Arbitrage Strategies, which were up 0.26%. The fund's Stat Arb/ Quant Strategies were the worst-performing strategy with a decline of 0.34% for the month, driven by...