Hedge Funds Rebound in 2023 After Dismal 2022, Profiting From Market Turmoil
• Hedge funds rebounded in 2023 after a terrible 2022, profiting from market volatility
• They capitalized on stress events like the Silicon Valley Bank run and Credit Suisse collapse
• The HFR Equity Hedge Index gained 5.09% YTD compared to a 10.13% loss last year
• In November, hedge funds saw their best monthly performance since early 2023
• Investors are anticipating increased M&A activity going forward after years of few deals