| 11.05.2020 Opalesque Roundup: Hedge funds post strongest monthly gain in more than a decade: hedge fund news, week 19 |
| In the week ending May 8th 2020, HFR reported that hedge funds jumped about 4% in April, the strongest monthly gain in more than a decade. For the year, the industry is still down 7.4% on an asset-weighted basis, the HFR data show. The HFRI Fund Weighted Composite Index (FWC) jumped +4.8 percent for the month, with gains led by Equity Hedge, Event-Driven, Energy/Basic Materials, and Activist stra |
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