Reported about 1 year ago
Hedge funds are experiencing significant gains this year as a result of leveraging momentum-driven trading strategies across various markets. With assets riding on upward or downward trends, managers are capitalizing on reliable patterns, leading to 104 out of 106 fast-money indexes showing positive returns. Elevated yet stable US interest rates are aiding in separating winners from losers based on traditional fundamentals, contributing to a 5.6% industry metric gain, making it the second-strongest year start since 2010.
Source: YAHOO