The HSBC Hedge Weekly report for the third week of 2026 is in, and amid new macro challenges, some early trends are forming. Resilience fund, the second-best performer in 2025, is back on top, with 10.03% YTD returns. Most of the funds from last week have been replaced, with the exception of AHL Diversified from MAN Group.
On the bottom are two funds from Renaissance Investments, followed by a fund from Saba Capital.
Top 10 Performers
1. Equitile Resilience Fund with 10.03% YTD Returns
We frequently discussed this fund in the last year since it always stayed near the top, finishing the year with 51.11% gains. It is an equity long/short fund with a portfolio of about 30 holdings, while the performance is not tracked by a benchmark. The goal of the strategy is to beat the inflation by a significant margin, targeting figures of 9% and more of annualized gain.
Also see: Hedge Weekly: Alken Capital Stays Firmly On Top; Tulip Trend Fund Remains Last
2. AHL Diversified with 6.83% YTD Returns
The AHL fund managed by MAN Group dropped from first to second place in the rankings. Primarily using Futures, the strategy also encompasses different instruments, including options, forward contracts, and contracts for differences.
Russel Korgaonkar is the primary manager, while the strategy has $900 million in assets under management. In 2023 and 2024, the fund detracted, while it finished 2025 with 5.32% gains.
Login required to continue reading.
Setup a free account to get access to this article (no credit card required).
View Full Article
