Performance – Hedge funds on track to return 6%+ in 2Q
From MMexecutive.com: Hedge funds appear to be on track to deliver returns of 6% or better in the second quarter, their best quarterly performance since 2000, Merrill Lynch analysts project. Thus far for the quarter, hedge funds returned an average of 2.7% in April and 4.4% in May. The rally this year, following declines of 19% in 2008, has buoyed a number of high-profile hedge funds, including the Tudor BVI Global Fund,...
Not a member yet? Get Instant Access *
Why register?
Since 2003, Opalesque publishes news and research for finance professionals and investors. Some of this material is not directed at the retail public, therefore registration is required.
From the Opalesque team:
Paris-based Algodeal, a quant platform founded by IT professionals Benjamin Filippi (formerly at Lehman) and Jean-Christophe Allemand (formerly at Newedge), will launch its first fund towards the end of 2Q1