The average activist hedge fund rose about 3.5% for the 11 months ended November, well short of the S&P 500 index’s 12.3% gain over the same period, according to industry tracker HFR.
Activist hedge funds underperform S&P 500 amid surge in assets
Activist hedge funds underperform S&P 500 amid surge in assets
The average activist hedge fund rose about 3.5% for the 11 months ended November, well short of the S&P 500 index’s 12.3% gain over the same period, according to industry tracker HFR.
