2024 Citco Fund of Hedge Fund Update - A Year in Review
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Funds of hedge funds deliver double digit returns for investors.
3 March 2025 - Funds of hedge funds saw performance soar in 2024, outperforming returns achieved the previous year, the Citco Fund Services Companies (CFS) 2024 Fund of Hedge Fund Update can reveal.
Funds of hedge funds serviced by CFS achieved an average return of 10.1%, well ahead of the 5.9% seen in 2023, to make it two consecutive years of positive returns. Both halves of the year were positive in 2024, with the 5.1% average return achieved in the first six months of the year all but repeated in the second half.
In total, 94% of funds had positive performance in 2024, ahead of the previous year’s tally of 88% of funds.