New York (HedgeCo.net) \u2013 Alternative asset industry data and intelligence firm Preqin released its latest report and it showed that hedge funds as a whole fell almost 4%. Despite the overall performance, there were a few bright spots with Commodity Trading Advisors and Relative Value funds in particular doing better than most strategies. The average return in the third quarter for CTAs was 0.24% while the average relative value fund gained 0.26%.<\/p>\n
The worst performances for the quarter came from equity strategies with an average loss of 6.73% and event-driven strategies which lost 4.38% on average. This is a bit of a reversal of fortune as CTAs had lagged other strategies during the first half of the year while equity strategies and event-driven strategies had been among the leading performers.<\/p>\n
Despite the troubling performance and the volatility experienced in global markets, hedge fund launches increased by 10% over the second quarter. The bulk of these new funds were focused on either equity strategies or macro strategies. Those two categories accounted for 35% and 30% of the launches in Q3.<\/p>\n
Among the most sought after strategies, long\/short equity got the most votes with 44% of investors seeking a fund with such a strategy over the next 12 months. Macro strategies finished second in this category as well with 26% of the vote going to the strategy.<\/p>\n
Rick Pendergraft
\nResearch Analyst
\nHedgeCoVest<\/p>\n","protected":false},"excerpt":{"rendered":"
New York (HedgeCo.net) \u2013 Alternative asset industry data and intelligence firm Preqin released its latest report and it showed that hedge funds as a whole fell almost 4%. Despite the overall performance, there were a few bright spots with Commodity […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,3,16048,1],"tags":[],"class_list":["post-50368","post","type-post","status-publish","format-standard","hentry","category-hedgeco-networks-press-releases","category-hedgeco-news","category-hedgecovest-news","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50368","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=50368"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50368\/revisions"}],"predecessor-version":[{"id":50369,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50368\/revisions\/50369"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=50368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=50368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=50368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}