Funds

COMMODITIES

Commodities hedge fund Westbeck outflanks benchmarks, as oil correction offers “big buying opportunity” in Q2

Commodities hedge fund Westbeck outflanks benchmarks, as oil correction offers “big buying opportunity” in Q2

The recent dip in oil markets is a “healthy correction” which heralds attractive buying opportunities, according to London-based commodities-focused hedge fund Westbeck Capital Management, which maintained its positive Q1 momentum despite March’s pullback.

FUND PERFORMANCE

Hedge funds enjoy biggest first-quarter gains in 20 years, as event driven and equity strategies fuel returns

Hedge funds enjoy biggest first-quarter gains in 20 years, as event driven and equity strategies fuel returns

Hedge funds have made their strongest first-quarter start in more than 20 years, gaining more than 6 per cent in the three-month period to the end of March, with returns powered by a mix of successful calls on deep value equities amid accelerated volatility, renewed economic optimism, and soaring cryptocurrencies.