Skip to main content

Research Perspective Vol. 71

As we approach the end of 2017, hedge funds’ winning streak did not break and was enough for the asset class to reverse the scenery, finishing the year with no “down” months for the first time since 2003. Equity hedge strategies led the gains once again this month, being the most prolific strategy in 2017, driven by fundamental growth strategies. Macro strategies generated strong returns this month, after a struggling year. CTA strategies had an exceptional month, exploiting the last three months to finish strong the year and turning around their muted performance until end of 3Q17. Bitcoin’s price suffered a...