The top performers in HSBC Hedge Weekly No. 15 (week of April 6-10, 2026) had one of three things working for them: gold and commodity exposure, systematic trend following that caught the Iran war energy spike, or an equity book with no US technology and heavy non-US value positioning. Funds on the wrong side of those trades lost money. All data below is from the HSBC report, with individual fund figures reported through late February or end of March 2026.
Top performers for 2026 so far
Equitile M3 Fund leads the rankings at 40.71% year-to-date (as of February 28). The fund returned 108.79% in 2025 and 13.92% in 2024. Manager George Cooper built the hedge fund around gold mining equities and banks,...

