After a strong 2020 and Q1 2021, hedge funds continued their momentum into the second quarter. The Preqin All-Strategies Hedge Fund benchmark returned +7.42% in Q1 and +4.20% in Q2. In fact, the asset class was positive in every month in H1 2021 – this has occurred only four times in the past 25 years.
In terms of strategies, equity strategies went up 5.97% – more than any other top-level strategy. Credit had the lowest performance but still managed to return 2.07% to investors.
Read our latest hedge fund industry update for a detailed look at performance, fund launches, fund managers, and investor fund searches over the second quarter of the year.