Citco 2025 Q1 Hedge Fund Report – Quarterly Review

Anticipation of sweeping trade tariffs sent shockwaves through markets in the latter stages of the first quarter.
Hedge funds nevertheless managed to rack up their 10th consecutive quarter of positive returns after a very strong start to the year.
Funds administered by the Citco group of companies (Citco) achieved an overall weighted average return of 2.8% in Q1, matching the previous quarter, with 62% of funds in positive territory.