Equitile And Alken Stay On Top As HSBC’s Weekly Hedge Fund Leaders See Minimal Shifts

Since last week’s report, the top and bottom performing lists of hedge funds from HSBC didn’t disclose any major changes. The only change position-wise happened at the bottom of the top performers, with Wellington Strategic European Equity Long Short Fund switching places with Equitile Resilience Fund.

Dominant positions are still held by M3 Fund from Equitile Investments, and Alken Capital with its Class J. On the bottom are Exponential Age Digital Asset Fund and Lucerne Capital Funds.

Top 10 Performers

1. Equitile M3 Fund: 82.92% YTD Returns

Last week, M3 Fund from Equitile pushed to the top of the list of top performers. It is an offshore outfit, and since its inception in 2022, it has been struggling to generate revenue.

2. Alken Capital Class J: 72.37% YTD Returns

Alken Capital and its private debt-oriented fund have not released any new data. Performance is stunning and is a continuation of the trend in recent years.

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

The winning strategy is based on 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.