Hedge funds as measured by the Greenwich Global Hedge Fund Index (GGHFI) advanced during the month of March and moved into positive territory for the year.
The GGHFI returned +1.50% while the Greenwich Composite Investable Index (GI2) declined (-3.17%) during the month, compared to global equity returns in the S&P 500 Total Return +8.76%, MSCI World Equity +7.24%, and FTSE 100 +2.51% equity indices. 60% of constituent funds in the GGHFI ended the month with gains.
L.D.