Hedge funds were down -8.89% in March, a loss worse than at the height of the Global Financial Crisis (-8.10% in October 2008), as the economic fallout caused by COVID-19 continued. CTAs were the only top-level strategy to make gains in Q1 2020.

This factsheet presents the hedge fund performance benchmarks for March 2020. Plus, the year to date and 12-month return figures for all top-level strategies, structures, denominations, and size classifications.