HEDGE FUNDS CLIMB IN APRIL AS CHINESE, EM EQUITIES SURGE

CHICAGO, (May 7, 2015) – Hedge funds posted gains in April as regional equity and currency markets across China, Russia, Brazil and the Middle East posted sharp gains, while volume surged on the Shanghai/Hong Kong Connect program to a daily record, driving Chinese A-shares to a gain of over 18 percent for the month. The HFRI Fund Weighted Composite Index?gained +0.8 percent in April, extending 2015 gains, with contributions from exposure to Emerging Markets and Energy, as reported today by HFR? the established global leader in the indexation, analysis and research of the global hedge fund industry.