As the first quarter of the year ends, quarterly returns of hedge funds are pouring in. Let's take a look at who performed the best in the first three months of 2014.
Among credit focused funds, Bluecrest Multistrategy Credit Fund gained 5.5% in the first quarter, the fund manages $1.7 billion. Paulson Credit Opportunities was up 5.7% in Q1. Canyon Balanced Fund was up 4.4% in the first quarter whereas Hutchin Hill Diversified Alpha was up 5.15%.
Mortgage hedge funds are staging a comeback?
In the credit category, one of the biggest gainers were seen in funds focusing on mortgage backed investments. Leading the pack was Josh Birnbaum's Tilden Park Offshore...
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