Reported 3 days ago
In 2024, hedge funds achieved significant returns, capitalizing on gains in U.S. stocks and the dollar, which rose due to Donald Trump's election victory. Diverse multi-strategy funds, like Discovery Capital Management and D.E. Shaw's Oculus, saw exceptional performances, with returns of 52% and 36.1% respectively. Overall, hedge funds averaged a 10.7% return for the year, indicating that skilled stock selection and innovative strategies were key to their success.
Source: YAHOO