(Hedgeweek) Hedge funds gained 1.21 per cent in December according to the Barclay Hedge Fund Index compiled by BarclayHedge. The index was up 10.44 per cent at the end of 2017. “Tax reform in the US helped to propel the rise in global equities in December,” says Sol Waksman (pictured), founder and president of BarclayHedge. The Event Driven Index soared 2.51 per cent in December, Technology was up 2.30 per cent, and Distressed Securities gained 2.19 per cent. Emerging Markets gained 1.79 per cent, Healthcare and Biotechnology added 1.53 per cent, and Pacific Rim Equities were up 1.15 per cent.
Barclay Hedge Fund Index Gains 1.21 Per Cent in December
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