Four in five hedge funds profit from ‘Trump Bump’

PivotalPath’s main hedge fund indices all notched positive gains in November, as managers across all strategy types profited from the post-election “Trump Bump” that saw U.S. stocks and the dollar soar. PivotalPath’s main industry-wide Hedge Fund Composite index rose 2.1% last month to drive year-to-date returns into double-digit territory, at 10.7%.