Business Insider
US · 1 hrs ago
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Here's how hedge funds like Millennium and Citadel performed in April
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Hedge funds including major firms like Millennium and Citadel rebounded in April following equity market gains, recovering losses from March despite most funds unlikely to match the S&P 500's 10% monthly return.
Here's how hedge funds like Millennium and Citadel performed in April
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Hedge funds surged in April thanks to a bounce back in equity markets.
After a rough March put many managers in the red for the year, a strong April wiped out funds' losses.
Few funds will be able to match the more than 10% gain by the S&P 500 last month.
It's too early to say whether April's market bounce back is a sign of things to come for the rest of 2026 or just the eye of a turbulent storm, but hedge funds will take it either way.
After a rough March when many different hedge fund st
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