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Opalesque Roundup: Tech, AI and cryptocurrency exposures drove returns in February: hedge fund news

In the week ending March 08th 2024, HFR said that hedge funds surged through February led by Technology, AI and Cryptocurrency exposures, with these leading broad-based gains across all strategies and extending the industry's four month return to +8.75 percent, the strongest such return since the four-month period ending March 2021. The HFRI Fund Weighted Composite Index (FWC) leapt an estimated +2.5 percent in February, while the HFRI 500 FWC Index added +2.6 percent

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