Hedge funds that performed positively during a rough third quarter of 2015 were relative value strategies and CTAs, posting slight gains, while equity and event driven strategies, positive in the second quarter of 2015, found difficulty in the third quarter, a Prequin report shows.
Hedge funds down near 4 percent in the third quarter, while CTAs show slight gain, Asian-pacific funds hard hit
In their third quarter hedge fund update, Prequin reported a relatively bleak picture for most hedge fund strategies, which, on average, were down near 4 percent. During July, August and September, equity and event driven strategies consistently trailed, with equity strategies in last...