Citco 2024 Q2 Hedge Fund Report – Quarterly Review
25 July 2024 - Hedge funds achieved an overall weighted average return of 1.09% in the second quarter, marking a seventh consecutive quarter of positive returns, while Q2 also saw a return to net inflows for the first time since early 2022.
While overall performance was significantly below the returns seen in Q1, the gains in Q2 took the overall weighted average return year-to-date (YTD) to 7.62%1, with 80.2% of funds administered by the Citco group of companies (Citco) achieving positive returns so far in 2024.