Preqin: Hedge Funds Return Double Digits In 2019
Industry tracker Preqin published their monthly update today, with every main strategy in the green for both December and 2019 overall. The firm's flagship Preqin All-Strategies Hedge Fund benchmark returned +2.00% in December, bringing the 2019 return to +11.58%. Equity strategies were the best performing top-level strategy in both December and 2019 overall, returning +2.60% and +14.84% respectively.
Managed futures strategies also enjoyed a solid 2019, with overall returns of +5.86%, and fund of hedge funds enjoyed their best year since 2013 with annualised returns of +8.34%; equity fund of hedge funds were up +10.49% last year.
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