15 February 2023 - Hedge funds got the year started on an upbeat note, with over three quarters of all funds (78.2%) delivering positive returns.
Funds administered by the Citco group of companies (Citco) achieved a weighted average return of 3.6% overall, with Event Driven and Multi-Strategy funds the top performers, delivering returns of 6.7% and 4.4% respectively.
These are some of the findings from Citco's Monthly Hedge Fund Update, which explores performance, capital flows, trade volumes and treasury volumes during the month of January.
Citco Monthly Hedge Fund Update – January 2023