Hedge funds see positive 2015
25 January 2016 London
Image: Shutterstock
Last year was a relatively good one for hedge funds, which finished 2015 with a return of 2.42 percent net of fees, according to the Alternative Investment Management Association (AIMA).
Hedge funds performed better than equities and bond, on an absolute and risk-adjusted basis, and 65.3 percent of those surveyed reported positive returns.
The report revealed that the best strategies were equity market neutral/quant, which saw returns increase by 10.44 percent, followed by long/short equity, up by 6.79 percent, and multi-strategy, up by 5.65 percent.
Jack Inglis, CEO of AIMA, said: “While 2015 will not be remembered as a vintage year for the industry, the majority of hedge funds still produced positive returns amid challenging market conditions, beating stocks and bonds on both an absolute and risk-adjusted basis and preserving capital for pension funds and other investors.”
“Given that this period of market volatility is set to continue during 2016, we remain confident that hedge funds will continue to meet their investors’ expectations for competitive, diversified and low-volatility returns.”
The data is based on returns reported to HedgeFund Intelligence, and included submissions from firms with assets under management totalling about $1.1 trillion.
Hedge funds performed better than equities and bond, on an absolute and risk-adjusted basis, and 65.3 percent of those surveyed reported positive returns.
The report revealed that the best strategies were equity market neutral/quant, which saw returns increase by 10.44 percent, followed by long/short equity, up by 6.79 percent, and multi-strategy, up by 5.65 percent.
Jack Inglis, CEO of AIMA, said: “While 2015 will not be remembered as a vintage year for the industry, the majority of hedge funds still produced positive returns amid challenging market conditions, beating stocks and bonds on both an absolute and risk-adjusted basis and preserving capital for pension funds and other investors.”
“Given that this period of market volatility is set to continue during 2016, we remain confident that hedge funds will continue to meet their investors’ expectations for competitive, diversified and low-volatility returns.”
The data is based on returns reported to HedgeFund Intelligence, and included submissions from firms with assets under management totalling about $1.1 trillion.
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