22 November 2021 - Q3 showed relatively good hedge fund performance, but was nonetheless a departure from Q1 and Q2: funds on the Citco platform delivered a 1.15% overall weighted average return in Q3, versus 8.25% and 6% in Q1 and Q2 respectively.
However, all strategies and most AUA categories delivered positive returns. Event Driven was the best performing with a weighted average return of 6.46%, while Multi-strategy was the worst, with a 0.39% return. Over the quarter, 59.02% of funds delivered a positive annual return versus 82.03% in Q2 and 73.4% in Q1.
These are the insights from Citco’s Hedge Fund report for Q3 2021, offering detailed metrics on hedge fund performance, trade volumes, treasury volumes and investor flows.