(Evestment) Global hedge funds, which ended a challenging 2018 with an industry aggregate return of -5.05%, started off strong in January, with an industry return just shy of +4% according to eVestment’s January 2019 hedge fund performance data. The industry’s overall +3.91% return in January reversed a trend of five consecutive months of negative industry returns and the average gain was the largest in a month since May 2009 when the average return was +5.14%.
Equity, EM Funds Among Big Hedge Fund Winners in January
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