The awards recognize and reward hedge fund service providers who have demonstrated exceptional client service, innovation and strong and sustainable business growth over the past 12 months.

These prestigious awards showcase the best of European wealth management and recognise organisations who have demonstrated innovation and excellence during the last year.

These are the insights from Citco’s Hedge Fund report for Q1 2021, offering detailed metrics on hedge fund performance, trade volumes, treasury volumes and investor flows. It follows the Citco 2020 Hedge Fund report, which outlined the exceptionally unusual but progressively strong year for hedge funds in 2020.

In the universe of fund of hedge funds administered by Citco Fund Services companies (‘Citco’), 93% reported a positive year, and 96% of the sample population achieved a positive return in the last quarter of 2020. Despite this, capital flows remained nearly neutral, indicating the possibility of an underappreciated opportunity within the industry.