Equities And Multi-Strategy Help Drive Hedge Funds To Positive Q2
Hedge funds have now had three consecutive quarters of gains, going back to Q4 2022, as investors continue to benefit from their exposure to alternatives, with almost 70% of all funds delivering positive performance in the latest three-month period. Equities and Multi-Strategy funds were the best performers in the second quarter, with weighted average returns of 4.52% and 2.54% respectively, taking their YTD returns to 10.34% and 10.14%. Funds with between $1-3B of assets were the top performer in Q2, with a weighted average return of 3.3%, followed by the $200M-$500M category at 3.08%. Equiti...