Highbridge multi-strategy fund rises 20 percent

Reuters UK – Highbridge Capital Management, one of the world’s biggest hedge fund firms, saw its flagship fund rise 20.5 percent in the first half of the year, according to an investor letter, as performance in the industry rebounds.

Highbridge’s $7 billion (4 billion pound) multi-strategy fund returned 3.4 percent in June, the letter said, having last year fallen 25 percent and stopped clients from withdrawing all their cash.

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Highbridge multi-strategy fund rises 20 percent

Reuters UK – Highbridge Capital Management, one of the world’s biggest hedge fund firms, saw its flagship fund rise 20.5 percent in the first half of the year, according to an investor letter, as performance in the industry rebounds.

Highbridge’s $7 billion (4 billion pound) multi-strategy fund returned 3.4 percent in June, the letter said, having last year fallen 25 percent and stopped clients from withdrawing all their cash.

Read Complete Article

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.
This entry was posted in Syndicated and tagged , , , , , . Bookmark the permalink.

Comments are closed.