•  
• Tweet
•  
•  
•         Track Keywords
•  
• 

In the week ending July 26th 2024, the fund administrator Citco said that hedge funds are continuing to perform well and investors are rewarding them. Hedge funds have posted seven consecutive quarters of positive returns and have had the first positive quarterly inflows since 2022. Funds administered by Citco delivered a weighted average return of 1.09% in Q2, to take the overall weighted average return year-to-date (YTD) to 7.62%. Some 80% of funds have now achieved positive returns so far in 2024.

Meanwhile, Aurum's H1 2024 hedge fund industry deep dive report is now available, providing insights and analysis on industry performance, asset flows and comparison between alt UCITS and hedge fund returns. The hedge fund industry achieved a notable 6.1% return in H1 2024, outperforming bonds (-3.2%) but trailing behind equities (+9.2%). The quant strategy emerged as the top performer, yielding an impressive 8.7%, a significant recovery from being the weakest strategy in 2023. Conversely, arbitrage was the least performing strategy, delivering a modest 2.1%, continuing its trend from the previous year.

Hedge fund capital extended the recent rise, narrowly surpassing the historic 1Q record and advancing further above the historic $4.3 trillion milestone in 2Q24 with managers navigating and positioning for an evolving, fluid, complex election cycle and geopolitical environment. Upcoming elections throughout Europe and upcoming US elections represent a significant risk of policy shifts, economic transition, trade adjustment and structural dislocations in the coming months. These risks increased despite an improvin......................

To view our full article Click here