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Hedge Funds Post the Best Performance This Year Since 2013

Bloomberg business news
Hedge Funds Kick Into High Gear With Best Performance Since 2013
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Hedge funds are kicking into a higher gear.

They gained 4.9% on average in the first three quarters of 2019, the best performance in this span since 2013, according to a report Monday from Hedge Fund Research. Equity strategies are leading the gains, followed by event-driven on an asset-weighted basis.