BRI L/S Equity Index Down -0.10% In April
BRI Partners published its April returns this week. Its Long/Short Equity Index was down -0/10% in April, its Dynamic Growth & Value Index was completely flat at 0.00% and its Quality Small Cap was up +1.05%.
In the release, the firm said:
"With the S&P 500 Index up 38bps for the month, the MidCap and LargeCap Value exposures were the largest contributing components of the BRI Long/Short Equity Index while LargeCap Growth and the Hedge were negative.."
BRI Partners is a creator and licensor of investable beta hedge fund indexes.