Some Hedge Funds Strong Start in 2017 Nice Contrast to 2016

(Valuewalk) With the 2016 HSBC Hedge Weekly performance rankings in the books – a year in which the same leader-board entries pretty much dominated unchallenged throughout the year – comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short weeks of performance reporting is that some hedge funds strong start is in contrast to last year’s performance. Many major categories with a few exceptions are starting off 2016 with positive performance. The winners include William Ackman’s Pershing Square Capital Management, Murdick Distressed Opportunity Fund as well as biotech stock picker Perceptive Life Sciences.

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