Hedge Funds Stage Historic Rebound After March Losses
Hedge funds experienced a significant rebound in April, with equity-focused strategies achieving their best monthly return in 25 years. The HFRX Global Hedge Fund Index gained 2.98% after a 2.95% loss in March, driven by a Middle East ceasefire, a resurgence in AI and tech stocks, and expectations of increased IPO activity.
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Topics: AI and tech hedge funds IPO activity market rebound Middle East conflict