Hedge funds performance said worst in 3 years

Hedge Fund

Hedge funds had their worst third quarter since 2015, rising just 0.3% on average amid surging bond yields and a trade war with China.

The industry gained 1.7% during the first three quarters of 2018, on an asset-weighted basis, according to a report Friday by Hedge Fund Research Inc, down from 4.4% over the same period last year.

Macro funds were flat in the first nine months, making them the worst performing strategy. Relative-value hedge funds led the bunch, returning 3.7% for the year. Event-driven funds rose 3.6%. Equity hedge funds were up 2.5% for the year, spurred by tech and health-care strategies.

Hit the link below to access the complete Bloomberg News article:

Hedge Funds Post Worst Third-Quarter Performance in Three Years

Nomura Distressed Bond Trader Barlow Departs From Bank


Have something to tell us about this article?

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...