Stockpicking hedge funds are coming back into favor for the first time in two years after a turnaround in their performance. Schonfeld Advisors was the best-performing large multistrategy hedge fund in the first quarter....and multiple AQR funds saw double-digit returns so far this year. Bloomberg's Sonali Basak gets a gauge of the whole industry with Ilana Weinstein, founder and CEO of IDW Group -- which finds talent in the hedge fund space.

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