Byline: Matt Ackermann
The Credit Suisse/Tremont Hedge Fund Index rose 1.68% in April.
According to the monthly report, which was released Tuesday, the emerging-markets strategy had the best performance. Itgenerated returnsof 5.2%, benefiting from global optimism as well as high oil prices.
A number of long/short equity funds maintained a cautious stance toward the global markets, which generatedreturns of 2.5% for the …

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