Reported about 13 hours ago
Hedge funds have experienced a remarkable recovery in 2024, boasting an average gain of 10.7%, the highest since 2020, aided by a strong stock market. With all tracked strategies generating profits, some firms even returned over 60% after fees. Despite challenges from private credit and critiques over high fees, the industry is seen as an appealing option for big investors looking to protect against market downturns. As volatility may increase in the coming year, many hedge fund managers are optimistic about potential investment gains.
Source: YAHOO