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Hedge Funds Climbed 4.06% Last Quarter: Preqin

Hedge funds gained 0.91% last month, marking seven straight months of gains according to Preqin’s All-Strategies Hedge Fund benchmark. Third-quarter returns are now at 4.06%, above the 2.13% returns in the second-quarter and a strong reversal from the first quarter’s 0.81% loss. Prequin notes that it’s the best quarterly return since the start of 2013. Year-to-date, hedge funds are up 5.
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