Long Only Hedge Funds Lead, Long/Short Lag In Q1
Long only hedge funds can finally celebrate a bit (at least a bit)... As we look at the returns for the first quarter of the year from Long/Short equity hedge funds, we have yet to see a fund that has not detracted in its short portfolio. Despite of the underperformance on the short side, all of them have managed to churn out sizeable returns overall in the last quarter.
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