News Digest:

Equities hedge funds posted an average loss of 6.2% in January, as compared to the 5.2% slide suffered by the benchmark S&P 500 index during the period, it has emerged.

Takeaway:

With geopolitical turmoil and the likelihood of a spike in interest rates triggering significant market volatility, several long-short strategies found the going tough in January, and some healthcare- and technology-focused hedge fund portfolios losing over 10%.

End Notes

Source: https://www.reuters.com/business/finance/ackmans-pershing-square-ends-january-down-82-pct-2022-02-02/#:~:text=Equities%20hedge%20funds%20lost%206.22,the%20figures%20in%20the%20note