The Preqin All-Strategies Hedge Fund benchmark returned -1.44 per cent in September, marking another difficult month for hedge funds as relative value funds were the only top-level strategy to see positive performance.
This is the fourth consecutive month of negative returns for hedge funds, the longest negative period since Jun – Nov 2008. Overall returns for 2015 YTD now stand at only 0.18 per cent, with the year on course to have the lowest returns since 2011.
However, with the S&P 500 currently returning -3.14 per cent for the year so far, hedge funds are still outperforming public markets.
