March volatility dents hedge funds across strategies

IntelSubscriber content
By AFI

The hedge fund industry entered 2026 on strong footing but was quickly tested by a volatile March that exposed shifting market dynamics, according to PivotalPath’s latest monthly research report. A combination of geopolitical shocks, inflation fears and style rotation created what PivotalPath describes as a “toxic tape,” challenging managers to generate returns without relying on rising markets.

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