31 January 2023 - Hedge funds saw performance bounce back in the final quarter of 2022 as areas such as Multi-Strategy and Equities rebounded, and the largest funds outperformed.
Funds administered by the Citco group of companies (Citco) saw a weighted average return of 4.11%, with almost three quarters of funds (70.24%) seeing positive returns. Gains were seen across every fund size, but it was the biggest funds which stood out the most as hedge funds built on the stability of Q3 to end the year on a strong footing.
Citco 2022 Q4 Hedge Fund Report