(Opalesque) In the week ending August 14th 2020, a report by HFR pointed out that hedge funds surged in July to begin H2 2020, with the HFRI Fund Weighted Composite Index (FWC) posting the 2nd highest monthly gain since January 2019 and the 3rd strongest gain since 2010 – the HFRI FWC climbed +3.2 percent for the month, topping the gain of the DJIA.
July marks one of the best performances on record for hedge funds and CTAs:
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