Citco Monthly Hedge Fund Update - August 2024

18 September 2024 - Hedge funds extended their winning streak to four months in a row in August to take overall returns for the year-to-date (YTD) close to double-digit territory, with a range of strategies delivering positive performance amid a spike in market volatility early in the month.

Hedge funds administered by the Citco group of companies (Citco) achieved an overall weighted average return of 1.1% in August, taking YTD returns to 9.5%.

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 August.