Hedge fund performance in July was a mixed bag, with stockpickers benefiting from rising markets while systematic funds initially struggled due to crowded trades. Goldman Sachs reported stockpickers gained almost 1.5%, while systematic funds saw a negative 2% return before recovering. Multi-strategy funds posted muted results, and individual fund performances varied widely.
IHCL shares rise 3% as firm raises FY27 guidance. What Jefferies, other brokerages are saying?
IHCL reported a 22% year-on-year rise in Q2FY27 revenue to Rs 2,484 crore and a 23% increase in net profit to Rs 349.49 crore. The