Citco Monthly Hedge Fund Update - May 2026

May was another positive month for hedge funds as they continued to recover from the late Q1 sell-off, with Global Macro and Equity funds leading the board.

The weighted average return across the $1.3trn of hedge fund assets administered by the Citco group of companies (Citco) came in at 3.6% for the month, taking the year-to-date (YTD) return to 7.9%. 

There were also overall net inflows of $9.2bn, stretching the run of positive flows to five consecutive months and taking YTD net inflows to $53.8bn.

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