Hedge funds mark six-month winning streak

This year’s powerful market rally hasn’t left many hedge funds out in the cold.

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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