Citco 2023 Q3 Hedge Fund Report – Quarterly Review

25 October 2023 - Hedge funds saw returns stagnate in the third quarter, with an overall weighted average return of just 0.01%, although at a strategy level returns were varied, as some of the winners in the first two quarters saw returns fall while some of the poorer performers rebounded.

The overall year-to-date return rose to 8.12%, with almost three quarters (73.2%) of funds administered by the Citco group of companies (Citco) achieving positive returns year-to-date.