Preqin Quarterly Update: Hedge Funds, Q1 2015
Single-manager hedge funds failed to match the same double-digit annualized returns in 2014 that were seen in the two years prior and industry observers are keen to see hedge funds fare better this year. As it stands, this appears achievable, with the Preqin All-Strategies Hedge Fund benchmark posting 2.88% over Q1 2015, its best quarterly figure since Q4 2013. Hedge fund investor activity has been buoyant over the quarter with over 100 new mandates added to Preqin’s Hedge Fund Searches and Mandates feature. Meanwhile, hedge fund managers are launching new products to meet the varying needs and requirements of investors seeking to gain exposure to the hedge fund asset class, offering vehicles that can generate returns uncorrelated to traditional markets and risk mitigation through portfolio diversification.