According to BNP Paribas Prime analysis, hedge funds were up 1.08% during September. In the same time frame, MSCI World outperformed with a gain of 1.87%. YTD gains are also showing an outperformance of the MSCI World over hedge funds (19.29% to 8.18%).
Top quartile managers are up 1.74% for September and 10.91% YTD. The best performances came from Quant Macro (1.97%), while Quant Energy Market Neutral finished on the bottom (-0.20%).
Regarding strategies the top performers utilized Quant Equity Directional 16.75% YTD), and at the same time Volatility Trading delivered smallest gains (2.93% YTD).