The recent market turmoil has helped a handful of hedge funds generate substantial returns for their investors.
According to the Financial Times, RG Niederhoffer Capital Management's flagship diversified fund, which is one of the world's oldest quantitative hedge funds, has gained 37% so far this year. That's compared to a loss of 28% in 2019.
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The newspaper also reports that Danny Yong's Dymon Asia Macro hedge fund gained 20% in February, putting its gain for the year at 20%. Brevan Howard's flagship fund added 5.2% in February thanks to its bets on falling bond yields.
Bearish...
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