
Hedge funds down in April
Hedge fund managers declined -1.00 per cent on an equal-weighted basis and -1.18 per cent on an asset-weighted basis in April. Hedge funds encountered a confluence of headwinds stemming from the escalating Russia-Ukraine war, COVID-19 lockdowns in China and aggressive monetary policy tightening by global central banks to combat rising inflation. On a year-to-date basis, global hedge funds were down -2.08 per cent over the first four months of 2022.
