April a Good Month for Hedge Fund Returns
| May 8th, 2010 | ||
| Hedge fund investors took advantage of rallies in both the bond and stock market in April to record average returns of over 1% for the month. Two indexes that track hedge fund performance, one produced by Hedge Fund Research and another compiled by Hennessee Group, were up 1.29% and 1.5%, respectively, in April. Paulson & Co. had a particularly strong month as the firm’s Recovery Fund, which takes positions in financial companies hurt by mortgage writedowns. | ||
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Paulson & Co. |
Related People: Andrew Hoine;
Related Entities: Paulson Advantage Master Ltd;
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News
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