All Hedge Fund Strategies In The Dumps In Q1

``All six hedge fund strategies in the Dow Jones Hedge Fund Indexes posted losses in March 2008, ending the first quarter in negative territory. The worst performer for the quarter was equity long-short, which ended the month of March down 1.60%, and the first three months at -6.23%. The best performer, which still suffered, was merger arbitrage, which was down 92 basis points in March, but ended the quarter with a YTD performance of -0.40%.''