Hedge funds ended 2019 with four consecutive positive quartersHedge 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.
