- Advertisement -
- Advertisement -

Related

Hedge Funds Hold On in May – Barely

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Hedge Funds returned +0.26% in May, according to the Preqin All-Strategies Hedge Fund benchmark, marking the seventh consecutive month of positive returns. This was by comparison to a marginal -0.06% on the Nordic Hedge Index NHX Composite (85% reporting).

“Hedge fund performance has continued to make ground in May, despite some concerns about slowing growth in the U.S. and Europe. There have only been three months since the start of 2016 in which hedge funds saw losses, and this should bolster investor confidence in the asset class,” nevertheless, said Amy Bensted, Head of Hedge Fund Products at Preqin.

Europe and Asia-Pacific-focused funds outpaced North American-focused funds +1.08% respectively to +0.22%.

Multi-strategy funds posted the highest returns at +1.40%, for May, with relative value funds the only leading strategy to experience losses, posting -0.38%., UCITS funds gained +0.43%, funds of hedge funds returned +0.43%, while alternative mutual funds experienced losses of -0.04%.

CTAs gained +0.28% in May, taking its YTD performance into barely positive territory for the first time in 2017, at 0.09%. By comparison, they remained negative on the NHX, at – 0.96% for May (-3.22% YTD).

Medium-sized funds posted the highest returns of any size classification, at +0.80%. 12-month returns for the industry stand at 10.33%, despite falling slightly, surpassing investor expectations, according to Ms Bensted.

“At the end of H1 2016, hedge fund investors reported that they did not broadly expect hedge fund performance to improve in the next 12 months: however, since then the industry performance has reached double figures for the period,” she said.

Hedge funds have recorded only three months of losses since the beginning of 2016.

“Fund managers will be looking to capitalize on this momentum to show investors the vale of hedge funds in providing downside risk protection and the potential for returns,” Ms Bensted added.

 

Picture: (c) benjamin-haas-fotolia.com

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Glenn Leaper, PhD
Glenn Leaper, PhD
Glenn W. Leaper, Associate Editor and Political Risk Analyst with Nordic Business Media AB, completed his Ph.D. in Politics and Critical Theory from Royal Holloway, University of London in 2015. He is involved with a number of initiatives, including political research, communications consulting (speechwriting), journalism and writing his post-doctoral book. Glenn has an international background spanning the UK, France, Austria, Spain, Belgium and his native Denmark. He holds an MA in English and a BA in International Relations.

Latest Articles

European Alternative Investments Conference 2025

More than 200 practitioners, academics and thought leaders met in Copenhagen for the second European Alternative Investments Conference, hosted by Finansforeningen, CFA Society Denmark...

Playing ‘Moneyball’ for Investors

Having managed the opportunistic hedge fund Pensum Global Opportunities under the Pensum Asset Management umbrella since 2022, Sector co-founder Peter Andersland has now established...

One Big Winner Lifts Accendo Into the Top Ten

When your portfolio holds six names, one big winner can move the needle in a major way. For Accendo Capital, September proved just that....

Slim Nordic Line-Up at HFM Awards

With Intelligence has revealed the shortlist for the HFM European Performance Awards 2025, featuring an unusually small number of Nordic hedge funds among this...

Record Gold, Rising Momentum

The NHX CTA Index gained in September 2025, supported by a broad-based trend environment. Most of the profits came from precious metals, as gold...

From Rocky Starts to Solid Returns and Milestones

Lynx Asset Management, best known for its flagship trend-following program Lynx, has in recent years expanded its product offering with the launch of Lynx...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.