Citco 2025 Q2 Hedge Fund Report – Quarterly Review

Hedge funds delivered high single digit returns in Q2, with most strategies seeing positive returns as markets bounced back from the initial turmoil sparked by the introduction of global trade tariffs.
23 July 2025 - Recording their 11th consecutive quarter of positive returns, funds administered by the Citco group of companies (Citco) achieved an overall weighted average return of 8.3% in Q2, with 77% of funds in the green.
The performance was significantly ahead of Q1’s return and means hedge funds have delivered a weighted average return of 11% year-to-date.
These are some of the findings from Citco's Quarterly Hedge Fund Report Q2 2025, which explores performance, capital flows, trade volumes and treasury volumes during Q2 2025.