Hedge Fund News From HedgeCo.Net

Equity Hedge Funds Extend Gains in August to Lead Industry

(Bloomberg) Stock-picking hedge funds were the best performers in August as U.S. equities pushed toward a new record. The managers who bet both long and short on stocks gained 1.1 percent last month on an asset-weighted basis and are up 3.5 percent in the first eight months of the year, according to a report.

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