In the latest report made by Goldman Sachs analysts, returns of fundamental long/short funds continued to rise for seven months in a row. On the other hand, systematic long/short hedge fund performance was in decline most of the month, finishing October flat. Most of the analyzed funds have a YTD performance figure in the range between 10% and 15%.
Net YTD alpha of analyzed funds reached ~6%, long alpha is around 7%, while short alpha stands at about -1%.
Also see: Equitile And Alken Stay On Top As HSBC’s Weekly Hedge Fund Leaders See Minimal Shifts
Long buying single stocks drove the acquisition of global equities for the second consecutive month. The trend is partially offset by a jump in exits from short positions in the macro products category.
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
