Majority of hedge funds see positive performance in January but larger funds lag
Opalesque Industry Update - Hedge funds started 2021 on a high note with average industry performance of +1.02% with 59% of funds seeing positive results for the month, according to the just released eVestment January 2021 hedge fund performance data. This follows a tumultuous 2020 which saw the hedge fund business return an average +11.07%. However, one early development seen in the data was under-performance among the hedge fund business' largest players. "Despite what was generally a positive month, it was a disappointing start to the year for some of the industry's larger managers," ...