Equity Hedge Funds Missed April’s Month-End Rally: J.P. Morgan
Equity hedge funds struggled in April, losing 0.70% for the month according to J.P. Morgan’s Prime Brokerage Global Hedge Fund report, making it their worst month since losing 0.97% in January and pulling YTD returns down to 0.47% compared to 2.56% for the S&P 500 (INDEXSP:.INX).
Ironically, part of the reason equity hedge funds took a hit in April because they were ready for the exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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