The 2025 ended, and the HSBC survey of hedge fund performances showed funds from Alken Capital and Equitile Investments coming on top. Worst performers were strategies from 14B Capital Management and Saba Capital. See more on 2025 results at the end of this post.
At the beginning of 2026, hedge funds from MAN Group (AHL Diversified and MAN Strategies 1783) and Campbell & Company best exploited market conditions. Also, there are funds from Winton, Quantica Capital, and Welton Investments, among others. Talking about the bottom performers is still early, and there is only one fund from IXI Fund Managers recording a detraction.
You will again, during the year, be regularly updated with the newest performance data, with insights regarding market developments, and the impact on investors so stay tuned.

Top Performers
1. AHL Diversified with 4.08% YTD Returns
The AHL fund managed by MAN Group started the year at the top of the performers list. Futures, options, forward contracts, and contracts for differences are just some of the instruments that the fund uses.
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.
2. Campbell Offshore Fund - Managed Futures Class A with 3.08% YTD Returns
The program invests in a diverse range of global futures and currencies. Investment ideas are executed systematically using both market-based and macroeconomic information.

