Hamza Lemssouguer, a former star trader at Credit Suisse, notched up a 32% return with his $2.7bn Arini credit master fund in 2023, making it one of the top performing credit strategies, according to a report by Bloomberg.

Lone Pine Capital, the $15bn Greenwich, Connecticut-headquartered hedge fund firm founded by Tiger Cub Stephen Mandel, bounced back with strong returns in 2023, following a wave of client redemptions and big losses in 2022, according to a report by Business Insider.

The BlackRock Strategic Equity Hedge Fund, which is managed by star manager Alister Hibbert, was back in positive territory last year with a double-digit gain, having suffered its worst ever annual loss in the previous year, according to a report by Bloomberg.

San Francisco-based activist hedge fund firm ValueAct Capital, whose past targets have included Salesforce and Microsoft, scored a big gain form investors last year with the firm chalking up a 39% return, according to a report by Reuters.

Rokos Capital Management, the macro trading hedge fund firm founded by Chris Rokos, overturned early-year losses to end 2023 with an 8.8% gain, despite suffering a loss in the final month of the year, according to a report by Bloomberg.

Hedge fund performance surged through year-end, with December showing an acceleration in gains driven by a decline in inflation, falling bond yields, and structural developments in cryptocurrency, according to HFR.

Tiger Global Management recorded a 28.5% gain last year bringing to an end of two-year run of losses and putting the firm ahead of  number of big-name stock-picking peers including Viking Global Investors and Coatue Management, according to a report by Bloomberg.

A dramatic reversal in fortunes at macro trader Said Haidar’s Jupiter Fund has left investors nursing big double digital losses for last year, following record returns in the previous 12 month period, according to a report by Bloomberg.