Hedge Funds
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The market today reminded me of one my all-time favourite movie scenes from Braveheart, in which the English cavalry is bearing down on William Wallace (Mel Gibson) and his fellow Scots. The Scot’s tense up, along with the film’s viewers as the horses draw nearer while William shouts, “HOLD… HOLD… HOLD.” Wallace didn’t want his…
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Summary of Preqin’s 2022 Global Hedge Fund Report: • Returns across the asset class were up 11.43% (as of September 2021, +15.52% annualised). • Event-driven funds topped the leader board, recording returns of +17.53%, ahead of equities at +14.85% • Hedge funds’ assets under management (AUM) passed the USD4 trillion mark at the end of…