Rarely does a firm fire on all cylinders at once, but thats how Zweig-DiMenna has produced some very enviable returns this year. The firms flagship Zweig-DiMenna Partners, an opportunistic global long/short equity fund, gained 4.33% in April, trouncing the Absolute Return U.S. Equity Index, which was up 1.77%. Year to date, the fund put up a net return of 18.44%, well ahead of the median 4.43% return or the 5.10% total return of the S&P 500.
Zweig-DiMenna Partners, launched in 1984, boasts an impressive track record, having produced a net annualized return of 19.68% since inception. By comparison,