(Opalesque) Global hedge funds started off strong in January 2019 with big winners like Equity funds, EM Funds, said eVestment’s January 2019 hedge fund performance data.”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%,” it said.
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%.