SAC Gains While Greenlight Drops as Hedge Funds Rise 0.5%
This article is for subscribers only.
Hedge funds returned 0.5 percent in April, lagging behind global stock markets for the sixth straight month.
Firms including SAC Capital Advisors LP and Jana Partners LLC posted gains, while Renaissance Technologies LLC and Greenlight Capital Inc. funds declined. Long-short equity, macro hedge funds and multistrategy managers rose.