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eVestment: Activist Hedge Funds Strongest Performers In April

Data shop eVestment published its monthly report this week, finding that activist hedge fund strategies brought in among the strongest returns in the hedge fund industry in April, while overall industry returns are being dragged down by some mediocre performances. The overall industry returned +0.38% in April, bringing year-to-date (YTD) 2018 returns to a just-barely positive +0.20%. Activist strategies were by far the strongest performers among primary strategies, seeing +2.21% returns in April. However, YTD performance for activist strategies – at +0.27% – is just barely above the overall industry YTD return. Overall, 60% of reporting funds saw positive returns in April,...