What the fourth quarter of last year lacked, the first quarter more than made up for, as evidenced by the impressive returns many hedge funds managed for the first quarter. In their first-quarter letter to investors, which was reviewed by ValueWalk, Evanston Capital Management describes the quarter “largely a mirror image of the end of 2018 for most risk assets.” Q1 hedge fund letters, conference, scoops etc That ended up being an outstanding environment for long/ short equity funds, which drove the firm’s Weatherlow portfolio’s strong returns. Market rally drove strong returns for most managers Most stocks soared during the…
Long/ Short Equity Dominated Q1 For This Fund Of Funds
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.