<p><span>Hedge funds posted mixed performance in March as bank risk soared amidst instability and dislocations resulting from several bank failures and the acquisition of Credit Suisse by UBS. The HFRI Fund Weighted Composite Index</span><span>®</span><span> (FWC) declined an estimated -0.8 percent for the month, the investable </span><a href="https://www.hfr.com/family-indices/hfri-500-hedge-fund-indices" target="_blank">HFRI 500 Fund Weighted Composite Index</a><span> lost -1.2 percent (estimated), and the HFRI 400 (US) Fund Weighted Composite Index fell -1.5 percent (estimated), with performance gains led by Equity Hedge strategies, according to data released today by HFR</span><span>®</span><span>, the established global leader in the indexation, analysis and research of the global hedge fund industry.</span></p>