2016 Hedge Fund Returns – QuantEdge Leads, Odey In Last

As perhaps the oddest year in anyone’s lifetime comes to a close – and HSBC’s Hedge Weekly issues its 53rd report in a year – the oddities found inside that report are almost as interesting as how HSBC managed to squeeze 53 issues into a year.

The answer is for some reason they start with issue #2? Let's credit that to the “magical” bulge-bracket accounting sometimes used in non-cleared derivatives income reporting that is indiscernible in the bank's quarterly statements. Yes, 53 weekly issues to end a year pretty much sums up the 2016 hedge fund returns, and some of the constituents on HSBC Hedge Weekly performance report, likewise, have been equally obtuse, with performance trajectories that took non-traditional angles.