Most hedge fund managers are starting to get their feet back under them, according to asset returns and flow data. In fact, January was so good for equity long/ short funds that they made back all the performance-based losses they racked up in all of 2018, according to data from Eurekahedge.
Q4 hedge fund letters, conference, scoops etc
Hedge funds bounced back in January
The Eurekahedge Hedge Fund Index was up 2.32% last month, driven by the enthusiastic return to risk-on sentiment. However, hedge funds underperformed global stocks as the MSCI AC World Index gained 7.36% in January.
Preliminary January data indicates $22.1 billion in performance-based gains and $5.3 billion in net outflows. According to Eurekahedge, 73.8% of hedge fund...
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