Hedge Funds Report Their Biggest Gain Since 2009 As Returns Diverge

The fortunes of the world’s hedge funds have continued to vary widely this year. While the industry as a whole recorded its best five-month performance since the financial crisis in the months to the end of August, the spread of returns has exploded. Q2 2020 hedge fund letters, conferences and more According to data from hedge fund researcher Eurekahedge, the Eurekahedge Hedge Fund Index climbed 12.8% since the end of March, the biggest gain since 2009. Following this performance, the index hit positive territory for the year at the end of August. According to Eurekahedge’s data, hedge funds were up…