Hedge Funds

Activist Funds Top In March, Nelson Peltz Leads, Ackman Lags

Hedge funds marked their best month over 24 months in March, according to eVestment's analysis of the hedge fund industry. Event-driven hedge funds recorded a 3.4% rise in March and even better, activist funds grabbed a 5.35% return in the same period. Overall, the hedge fund industry grabbed a 2.29% return last year, closing the first quarter with a -0.4% return.

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