Two Sigma Profits From Chaotic March, Beating Multistrat Peers

Two Sigma Investments’ biggest hedge funds generated standout returns during a frantic month for markets, edging out peers even as the firm grapples with executive infighting.

The firm’s Spectrum fund rose 2.5% last month, while its Absolute Return fund gained 3% in March, according to people with knowledge of the matter. For the year, those funds are up 3% and 3.7% respectively, according to the people, who asked not to be named discussing the results.