22 August 2022 - Following very strong performance throughout 2021 and a weak first quarter, hedge funds administered by the Citco group of companies (Citco) had further muted returns in Q2 – although Commodities funds have yet again emerged as the top performer.
Funds fell into negative territory for a second quarter running with a -6.81% overall weighted average quarterly return, with all AUA categories and all strategies – bar Commodities at 4.58% and Global Macro at 0.79% – delivering negative returns. Over the quarter, 32.81% of funds delivered a positive return, a drop from 40.21% in Q1.
