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LPNEWS

Hedge Funds Extend Winning Streak For Third Consecutive Month

by opalesque.com posted 1month ago 11 views
Hedge funds continued their winning ways in March with a third straight month of positive returns as Fed interest rate stance and U.S.-China trade talk progress fuel investor enthusiasm. In comparison, the S&P 500 Total Return Index rose 1.94% in March. Year-to-date through the end of March hedge funds posted a 5.64% return while the S&P was up 13.07%. "The Fed's announcement that it would hold interest rates steady for the remainder of the year added fuel to the ongoing uptrends in stock and bond markets," said Sol Waksman, president of BarclayHedge.

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