‘Hedge funds post worst annual return since 2011’

Reuters | | Updated on: Jan 19, 2018

Hedge funds in 2015 posted their lowest annual return for four years amid heightened volatility and a weak market, industry data tracker Eurekahedge said on Tuesday.

The Eurekahedge Hedge Fund Index fell 0.58 per cent in December while the MSCI World Index declined 2.23 per cent, Eurekahedge said, giving hedge funds an average annual performance of 1.56 per cent.

“Returns across hedge fund strategic mandates were disappointing during December with most finishing the month in negative territory,” Eurekahedge said.

ECB disappoints

“In particular, long positions into European equities suffered losses as ECB’s early December meeting proved to be a disappointment for investors leading to a slump in European equities,” it said.

The best performing strategy indices over the year were the Eurekahedge Arbitrage Hedge Fund Index, up 4.46 per cent, followed by the CBOE Eurekahedge Relative Value Hedge Fund Index which was up 4.30 per cent.

The worst performing was the CBOE Eurekahedge Tail Risk Hedge Fund Index, which fell 7 per cent.

Published on January 12, 2016
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