This year’s powerful market rally hasn’t left many hedge funds out in the cold. Through August, 79% of funds reporting to the Absolute Return database have made gains this year. More significantly, hedge funds are back on a significant winning streak: In each of the past six months (March through August), the majority of Americas-based hedge funds--a minimum of 62% (in June) and as many as 85% (in May)--have profited.
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