hedge funds

Short Emerging, Long Developed Is A Hot Hedge Fund Trade: UBS

Equity hedge funds proved their worth in January with an average return of about -0.2%, outperforming equity markets during a temporary downturn that caught many investors by surprise. Investors have been putting more money into defensives since then, according to UBS’ monthly hedge fund update, reflecting the slightly less bullish mood.

“Given the significant . . .

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