(Bloomberg) Hedge funds gained 9.03 percent last year, the best annual performance since a 9.75 percent gain in 2010, led by Long Short Equity funds, and buoyed by the second-longest bull market in the U.S. Last year, 42 percent of all funds notched double-digit gains — the most since since 2013 — and more than double the 17 percent that reported negative returns.
Hedge Funds Just Had Their Best Year Since 2010
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