What the fourth quarter of last year lacked, the first quarter more than made up for, as evidenced by the impressive returns many hedge funds managed for the first quarter. In their first-quarter letter to investors, which was reviewed by ValueWalk, Evanston Capital Management describes the quarter "largely a mirror image of the end of 2018 for most risk assets."
Q1 hedge fund letters, conference, scoops etc
That ended up being an outstanding environment for long/ short equity funds, which drove the firm's Weatherlow portfolio's strong returns.

Market rally drove strong returns for most managers
Most stocks soared during the first...



