Equitile And Alken Capital Continue To Dominate HSBC’s Top Hedge Fund Rankings

When we last analyzed the HSBC weekly report, the top and bottom performers were almost the same. Since then, only the Lansdowne Developed Markets Long Only Fund fell from the list. It was replaced by Golden China Fund with its NR Class. Equitile M3 Fund is still in the lead, followed by Alken Capital Class J and Penta Japan Value Fund.

Regarding bottom performers, not many changes. Exponential Age Digital Asset Fund is still leading the underperforming group.

Top 10 Performers

1. Equitile M3 Fund: 82.92% YTD Returns

Two funds from Equitile Investments are among the top performers, with the M3 fund jumping into the first place. It is an offshore outfit, and since its inception in 2022, it has been struggling to generate revenue. No new data means that the fund stays in first place.

Also see: Alken Fund Surges Past 30% YTD As Concentrated Bets On Zegona and BFF Bank Pay Off

2. Alken Capital Class J: 72.37% YTD Returns

Alken Capital and its private debt-oriented fund are continuing their performance, ripping through the year. Since the last report, the fund has not released any new data.

Its strategy is investing in mid-cap companies from Europe, with a focus on the UK, France, and Germany. Crucial portfolio holdings are Signet Jewelers, Western Digital, Micron Technology, and Pitney Bowes.