<p><span>Hedge funds surged to begin 2023 as risk-on sentiment dominated financial markets and investors positioned for a moderation of inflationary pressures and interest rate increases through mid-2023, despite continued uncertainty over weakening economic growth. The investable </span><a target=" blank" href="https://www.hfr.com/family-indices/hfri-500-hedge-fund-indices">HFRI 500 Fund Weighted Composite Index</a><span> jumped +2.5 percent in January, led by directional Equity Hedge and Event Driven strategies, according to data released today by HFR</span><span>®</span><span>, the established global leader in the indexation, analysis and research of the global hedge fund industry.</span></p>
Adani group shares surged on Tuesday, a day after it moved to prepay some loans, in a relief rally for the Indian conglomerate that lost more than $113 bil..