Tue, Nov 3, 2026
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Hedge funds start Q4 strong

Tuesday, November 25, 2025

Bailey McCann, Opalesque New York:

Hedge funds ended October on a high note, according to the latest performance data from fund administrator Citco. Hedge funds returned 2.1% in October. That figure puts them on pace to have one of the best years of the decade if performance remains strong through the remainder of the year.

Global Macro funds achieved a weighted average return of 5.6% - with some strong outliers boosting the overall total - and were followed by equity strategies at 2.6%, and multi-strategy funds at 0.9%.

Commodities strategies were next, with a weighted average return of 0.8%, and fixed income arbitrage came in at 0.7%. Event driven funds reversed some of their recent negative performance with a 0.4% weighted average return.

Capital flows are following performance. Hedge funds enjoyed one of their highest net inflows of 2025 in October, with multi-strategy funds seeing significant interest. Net inflows came in at $10.6 billion overall, with subscriptions of $21.2 billion significantly outweighing redemptions. Year to date subscriptions have now reached $56 billion.

Multi-Strategy funds took the vast majority of inflows, with net inflows of $9.4bn. Year to date they have taken more than $45 billion, far higher than any other strategy group.

Hybrid strategies had net inflows of $0.8 billion, followed by Fund of funds at $0.4 billion, and arbitrage strategies at $0.3 billion. Other strategies were more muted.

......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: DACH institutions push alternatives to 32.3% of portfolios as hedge funds make a comeback[more]

    Matthias Knab, Opalesque for New Managers: Institutional investors in Germany, Austria and Switzerland now hold almost a third of their portfolios in alternative investments, and they are more confident than ever in

  2. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  3. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  4. Opalesque Exclusive: "Enough beta plays" - how Fasanara builds an alpha-only multi-strategy platform[more]

    Matthias Knab, Opalesque for New Managers: Most multi-strategy funds promise diversification. Fewer can explain why their return streams should stay independent when markets turn. In an Opalesque SkillsLab investor

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m