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Hedge funds recover in April

20 May 2011

Managers take advantage of a renewed appetite for risk

Read more: Man Group hedge funds

April was a month of recovery for hedge funds as managers took advantage of a renewed appetite for risk following the disaster in Japan, according to Man Group.

After a challenging March, managed futures were the top performer, and strong gains were also posted in global macro and emerging markets strategies. Commodities and equity bets also paid off although gains have been curtailed by falls in early May.

Markets enjoyed a rebound after a turbulent previous month with several stock markets rising to levels...