Citco Monthly Hedge Fund Update - April 2024

21 May 2024 - Hedge funds experienced their first negative month of the year in April, with nearly all strategy types seeing a dip in performance.

Funds administered by the Citco group of companies (Citco) delivered an overall weighted average return of -0.7%, a significant drop off from the 2.2% seen in March. Nonetheless, hedge funds remain firmly in positive territory overall for 2024, with a weighted average return of 6.5% year-to-date (YTD).

These are some of the findings from Citco's Monthly Hedge Fund Update, which explores performance, capital flows, trade volumes and treasury volumes during the month of April.