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Preqin: Hedge fund performance update - September 2017

First Published 25th October 2017

Hedge funds make gains of 1.43% in September

The Preqin All-Strategies Hedge Fund benchmark returned 1.43% in September, the highest monthly gain since January, as all top-level strategies saw positive performance. Year-to-date returns now stand at 8.28%, the highest performance the industry has seen at this stage of the year since 2013.

  • Hedge funds made gains of +1.43% in September, the highest monthly return seen since January. This has continued 2017's strong run of performance; the Preqin All-Strategies Hedge Fund benchmark has seen year-to-date gains reach +8.28%, the highest return at this stage of the year for the benchmark since 2013.
  • Event driven strategies funds generated the greatest return of any top-level strategy (+2.12%), following incremental gains made in August (+0.19%). Equity strategies funds posted returns of +1.93%, bringing 2017 YTD returns to +10.72%. In addition, all top-level strategies recorded positive monthly returns for the seventh time this year.
  • Activist funds made gains of +2.73% in September, taking 12-month cumulative returns to +13.98%. Discretionary and volatility funds posted +1.78% and +1.47% respectively, while systematic funds returned +0.77%.
  • However, September brought a reversal of fortunes for CTAs. They returned -1.83%, the lowest monthly return since August 2016 (-1.90%). Euro-denominated CTAs in particular struggled, posting returns of -3.99%.

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