In the April edition of GS Prime Analysis, the hot topics included market volatility, the reversing trend in global equities trading, and regional positioning. Additionally, trends in the US are always interesting, and it's worth exploring what we can expect in the future.
Read hedge fund letters here
Hedge Fund April Performance Analysis
In April, global fundamental long/short funds declined by 1.5%, bringing their year-to-date (YTD) performance to -1.8%. Despite the downturn, they outperformed the benchmark by approximately 250 basis points.
Alpha returns are 1.9% YTD, while beta detracted significantly, finishing the month with -4%. Long alpha has a 3% YTD gain, while short alpha has a negative 1% return.
On the other hand, systematic long/short funds declined by 1.1%...
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
