Wealthy hedge funds, money managers received Canada Emergency Wage Subsidy theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.
In the week ending January 29th 2021, a report by eVestment said that investors pulling $58.76 billion from hedge funds around the world in 2020 may not be cause for celebration, but those outflows are dwarfed by the $102.25 billion investors pulled from hedge funds in 2019. Investors removed an estimated $9.74 billion from hedge funds in the final month of 2020, said eVestment. The total estimated industry AUM sits at $3.360 trillion.
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performance news, two of JW Asset Management s funds - the B shares of JW Partners and the similarly managed JW Opportunities Fund - produced a 146 percent gain last year, according to an investor with knowledge of the performance; Shorting tech stocks and betting on Canadian renewable energy last month helped Lynwood Capital Management s hedge fund cap the year with a 97% return, and Timelo Strategic Opportunities Fund, a seven-year-old fund whose 29% gain last year outperformed the 5.6% total return of Canada s benchmark S&P/TSX Compos
Top Canadian hedge fund with 29% return bets on reopening trade bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.