(HedgeWeek) Hedge funds posted strong gains in early 2017 as Donald Trump was inaugurated as US President, led by the performance of equity hedge strategies, the largest area of hedge fund industry investor capital, according to data from HFR.
The HFRI Fund Weighted Composite Index (FWC) gained 1.2 per cent for the month, the strongest beginning to a calendar year since the +2.5 per cent return to begin 2013. It extends the record Index Value to 13,107 and tops the return of the Dow Jones Industrial Average (DJIA), as well as most European equity markets, over the same period.
