Written by Preqin
Three months of positive performance drive best opening quarter of a year since 2013.
2017 Hedge Fund Letters
The hedge fund industry continued its positive start to the year with another month of gains in March. The Preqin All-Strategies Hedge Fund benchmark recorded returns of 0.68% through the month, building on gains of 1.01% and 1.46% in February and January, respectively. Q1 2017 performance now stands at 3.18%, which marks the best opening quarter performance since 2013, as hedge funds sustained their recent strong performance. With just one month of losses recorded since February 2016, the industry has now returned 11.61% over a 12-month period.
Hedge Funds – Other Key Q1 2017 Performance Facts:
Amy Bensted, Head of Hedge Fund Products:
“Performance concerns within the hedge fund industry and anxieties surrounding wider economic uncertainty have troubled investors in the asset class over the past year. However, hedge fund managers have delivered strong returns over this period, posting gains in 11 of the past 12 months and recording their strongest opening quarter to a year since 2013.
Leave A Comment