|
|
Komfie Manalo, Opalesque Asia: An examination of the performance of the hedge fund industry over the past 12 months showed that macro strategies are the highest performing top-level strategy during the period (+3.14%), followed by CTAs (+2.49%), data provider Preqin said. The 2016 Preqin Alternative Assets Performance Monitor also showed that every CTA sub-strategy tracked by Preqin has made gains over the past year, with counter-trend CTAs (+7.11%) seeing the highest returns of any sub-strategy.
The report added that beyond the modest gains of the Preqin All-Strategies Hedge Fund benchmark, there are some strategies and geographies which have recorded substantial returns. Within different hedge fund strategies, there can be a broad variance in the performance of different vehicles, as seen in the interquartile ranges of returns for each top-level strategy.
Amy Bensted, head of hedge fund products at Preqin, commented, "With recent returns lower than investors have come to expect, the performance of the hedge fund industry is under increasing scrutiny. Both fund managers and investors have identified performance as a key issue in the hedge fund industry today and one which is driving change in the sector."
While equity strategies funds have the lowest overall 12-month performance (-4.31%), they also have the largest interquartile range, between 3.32% and -12.16%. Credit strategies funds, while not having the h...................... To view our full article Click here
|
|
RSS
