Home Business NewsBusiness Hedge funds extend their strong starts

Hedge funds extend their strong starts

by LLB Editor
30th Mar 21 11:04 am

Hedge fund managers the ended month of February up 2.69% on an equal-weighted basis, and up 1.47% on an asset-weighted basis.

The implementation of the Biden administration’s US$1.9 trillion economic stimulus package and the continued speedy rollout of vaccines supported the performance of the global equity market during the month. On a year-to-date basis, global hedge funds were up 3.78% over the first 2 months of 2021.

Over the month of February, US$9.8 billion of investor inflows on top of US$23.2 billion of performance-driven gains were recorded by the global hedge fund industry.

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