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Business 10 Jan 2022 | 7:00 AM

Hedge funds end challenging 2021 with 10.3% gain

NEW YORK: Hedge funds bounced back in December to end a challenging year on a strong note and deliver broad-based annual returns of 10.3%, the third best performance since 2009, industry figures showed.

Business 01 Jan 2022 | 7:00 AM

Hedge funds salvage 2021 gains

FOR some of the world’s largest hedge funds, private equity ended up making – or saving – the year, and they’re betting that will be the case again in 2022.