Hedge fund strategies were marginally impacted by Covid-19 headwinds, with the Lyxor Global UCITs Peer Group down -0.8% so far in September (as of September 25th).

The better performing strategies were defensive ones such as Merger Arbitrage and Market Neutral L/S. On the negative side, CTA strategies underperformed and were down -2.1%, Lyxor reported.

CTAs