Hedge Funds, January 1999: Life After Long Term Capital Management.

Business Wire | February 18, 1999 | Copyright

NASHVILLE, Tenn.--(BUSINESS WIRE)--Feb. 18, 1999--In January, U.S. hedge funds returned 3.0% net, following fourth quarter 1998 net returns of 9.7%. Offshore hedge funds returned 0.4% for January, held back by weak performance in offshore emerging markets funds, said George P. Van, chairman of Van Hedge Fund Advisors International, Inc. (VAN), a leading hedge fund investment advisory firm.

"Many industry participants have breathed a sigh of relief that the fourth quarter of 1998 and the first month of 1999 marked a return to normalcy in the hedge fund world," Van ...

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