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Alternative Market Briefing

Hedge funds push 2019 YTD returns to +8.50%

Friday, November 22, 2019

Laxman Pai, Opalesque Asia:

As progress is made on a US-China trade deal, the Preqin AllStrategies Hedge Fund benchmark returned +1.06% in October, building upon a return of +0.40% in September.

According to Preqin, this pushes the 2019 YTD and 12-month returns to +8.50% and +5.65% respectively.

All top-level strategies tracked by Preqin made gains in October.

Equity strategies took the crown as the best performer, gaining +1.46% and pushing their YTD figure to +10.34%, said the report.

Multi-strategy funds followed, with gains of 0.65% for the month. Macro strategies did not fare as well in......................

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