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ValueAct and Egerton Capital's Q1 Returns Buck the Trend

So far both hedge fund firms have managed to match the 10 percent surge in the S&P 500 in the first quarter this year.

While most hedge funds were most likely unable to keep apace with the S&P 500 in the first quarter, when the benchmark surged 10 percent, at least two funds — Jeffrey Ubben’s ValueAct Partners and the Egerton Capital in the U.K. — managed to match the index. ValueAct, a hedge fund

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