Hedge funds ended 2019 with four consecutive positive quarters

Hedge funds ended 2019 with four consecutive positive quarters

Hedge fund managers ended Q4 2019 up 2.72 per cent on an equal-weighted basis and 2.63 per cent on an asset-weighted basis, a fourth consecutive quarter of positive performance, according to the latest data released by Eurekahedge.

Eurekahedge says that tund managers benefited from the market rally following encouraging developments of the US-China trade negotiations toward the end of the year.

On an annual basis, returns were positive across geographic and strategic mandates, supported by the risk-on sentiment and accommodative central bank policies throughout the year. Approximately 42.9 per cent of the hedge fund managers tracked by Eurekahedge generated double-digit returns over the year.