Preqin Quarterly Update: Hedge Funds, Q2 2018
Hedge fund performance has dominated the narrative around the asset class for a number of years and 2018 appears no different. Following the four-year high in annual returns at the end of 2017, investor sentiment with respect to hedge funds seems to be improving. However, relatively poor performance in Q2 2018 compared to Q2 2017 has seen the 12-month return of hedge funds erode. The Preqin All-Strategies Hedge Fund benchmark over 12 months was at 7.20% at the end of Q2 2018, lower than the 8.02% reported at the end of Q1.