Hedge Funds Post Strong Double-Digit Returns in 2024

Reported 2 days ago

In 2024, several major hedge funds achieved impressive double-digit returns, capitalizing on market volatility, shifts in central bank policies, and a tightly contested U.S. presidential election. Notable firms like Marshall Wace, Bridgewater Associates, and D.E. Shaw reported substantial gains across various funds, with some achieving annual returns of over 35%. These results followed a year when hedge funds averaged a return of 5.7% through November 2023, highlighting their successful navigation through turbulent financial conditions.

Source: YAHOO

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