Citco Monthly Hedge Fund Update - February 2026

Hedge funds enjoyed another positive month in February prior to the Middle East conflict and the volatility that ensued.

Multi-Strategy funds were the best performers, with a weighted average return of 3.3%, while Global Macro came in at 3.1%.

The overall weighted average return across the $1.3trn of hedge fund assets administered by the Citco group of companies (Citco) came in at 1.8%, taking year-to-date returns to 2.7% and extending their winning streak to 11 months in a row.

These are some of the findings from Citco's February Monthly Hedge Fund Update, which explores performance, capital flows, trade volumes and treasury volumes.