Preqin: Hedge fund performance stumbles
24 July 2018 London
Image: Shutterstock
Hedge fund investment performance stumbled in June, according to the Preqin Hedge Fund Performance Update for the month.
The Preqin All-Strategies Hedge Fund benchmark recorded its third negative month of this year so far (-0.50 percent).
Both the Preqin Macro and Event-Driven Strategies Hedge Fund benchmarks witnessed a positive end to the quarter, up 0.60 percent and 0.40 percent, respectively, it added.
Credit strategies also generated a return of 0.17 percent for investors, the benchmark’s 28th consecutive positive monthly return.
The Preqin All-Strategies CTA benchmark slipped further into negative territory during the final month of the second quarter.
It recorded a loss of 0.53 percent to round off the benchmark’s worst start to a year in over 10 years, said Preqin.
UCITS vehicles also struggled this month (-0.69 percent), with the benchmark’s year-to-date losses increasing to 1.07 percent.
All performance information includes preliminary data for June, based on net returns reported to it in early July.
The Preqin All-Strategies Hedge Fund benchmark recorded its third negative month of this year so far (-0.50 percent).
Both the Preqin Macro and Event-Driven Strategies Hedge Fund benchmarks witnessed a positive end to the quarter, up 0.60 percent and 0.40 percent, respectively, it added.
Credit strategies also generated a return of 0.17 percent for investors, the benchmark’s 28th consecutive positive monthly return.
The Preqin All-Strategies CTA benchmark slipped further into negative territory during the final month of the second quarter.
It recorded a loss of 0.53 percent to round off the benchmark’s worst start to a year in over 10 years, said Preqin.
UCITS vehicles also struggled this month (-0.69 percent), with the benchmark’s year-to-date losses increasing to 1.07 percent.
All performance information includes preliminary data for June, based on net returns reported to it in early July.
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