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Alternative Market Briefing

Opalesque Roundup: Hedge funds log 11th consecutive quarter of positive returns in Q2: hedge fund news

Monday, July 28, 2025

In the week ending July 25th 2025, Citco data revealed that hedge funds recorded their 11th consecutive quarter of positive returns. Funds administered by the firm achieved an overall weighted average return of 8.3% in Q2, with 77% of funds in the green. The performance was significantly ahead of Q1's return and means hedge funds have delivered a weighted average return of 11% year-to-date.

Meanwhile, PivotalPath's main hedge fund strategy indices also recorded a clean sweep of positive returns last month, with managers of all stripes and strategies profiting from rising stock markets and assorted opportunities in FX and commodities. June largely continued May's renewed optimism. PivotalPath saw equity specialists rotate from fear-driven trades to more fundamentals-focused positioning, bolstered by mostly stable economic data and a range of strong corporate earnings.

CTAs posted mixed results in June 2025 following five months of losses. Their performance was supported by equity markets, which surged since the US delayed the implementation of wide-ranging tariffs on most global trading partners until at least mid-July. The S&P 500 extended its now two-and-a-half-month rally through June to end the month at a record high - it gained 5% in June and is currently up about 7.5% YTD.

In new launches, former Citadel money manager Sean Murphy is preparing......................

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