“Despite the volatile start to the year, investors look set to stay the course with hedge funds in the short term as fund searches continue to be issued for the year ahead,” says Preqin’s Quarterly Update on Hedge Fund performance for the first quarter of 2014. “The industry will be waiting to see how the second quarter of the year unfolds, not only in terms of performance, but also in how investors and fund managers react to the changing market conditions both in terms of new capital flowing into the asset class and what funds pick up these inflows.”
Event-driven strategies the star performer in Q1
According to Preqin, investors continued to express a preference for event-driven strategies during the...