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Macro Hedge Funds Lead Market Gains in April|Investing News


May 6, 2022
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NEW YORK CITY (Reuters) – Hedge funds published gains of 2.33% in April, mainly driven by macro funds, which handled to carry out well in the middle of high volatility, a report by hedge fund information company HFR revealed on Friday.

Macro hedge funds, which bank on macroeconomics patterns, increased 5.49% in the quarter, according to a macro fund property weighted index. HFR stated outcomes were driven by methods that gained from increasing inflation, increasing rate of interest and the Russia-Ukraine dispute.

In the very first 4 months of 2022, macro hedge funds acquired 13.37%, while the S&P 500 index decreased practically 13%.

The market as a whole was up 4.22% in the year.

” Hedge fund supervisors and financiers have actually efficiently adjusted to the present fluid market paradigm specified by severe volatility, huge dislocations, and remarkable unpredictability, showing tactical versatility and operating as liquidity service providers through the volatility,” stated Kenneth J. Heinz, President of HFR in a declaration.

At the other end of the spectrum, equity hedge funds lost 3.62% in April, however they still exceeded the S&P index, which was down 8.71% in the month.

( Reporting by Carolina Mandl; modifying by Diane Craft)

Copyright 2022 Thomson Reuters

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