Hedge Funds End Positive Performance Streak

by Zack Breeze

  • 24 Jun 2019
  • HF

The Preqin All-Strategies Hedge Fund benchmark generated its first negative monthly return for 2019 in May, posting a loss of 0.10%. This ended a four-month stretch of positive monthly returns for the industry benchmark. Consequently, the YTD figure fell to +6.40%.

Relative value strategies hedge funds took the crown as the top performing strategy benchmark with a return of +0.64% for May. Credit strategies hedge funds were the only others to join them in positive territory with a return of +0.12%.

Hedge funds denominated in BRL managed to avoid a loss in May, the only main currency benchmark to do so, with the BRL hedge fund benchmark returning +1.00%. This improved its 12-month return to +13.20%, far outstripping other currencies in this timeframe.

It was also a promising month for emerging hedge funds as they managed to outperform their larger counterparts by a significant margin, boasting the only positive return for any fund size classification at +0.89%. This further improves their YTD figure to +8.09% for 2019 and their 12-month return to +2.77%, both the highest returns of all fund size classification benchmarks for hedge funds.

For more benchmarks by strategy, region, size and more, take a look at the full May 2019 performance figures.

Browse Insights for more of our recent research or sign up to our newsletter to ensure you are notified as soon as new research is released.

Continue browsing industry reports, publications, conferences, blogs and more on Preqin Insights