POOLED fund of hedge funds produced a negative median return of -1.2pc in the second quarter of the year, latest figures from Mellon Analytical Solutions reveals.
The performance measurement firm said that hedge funds underperformed both cash, which returned 1.1pc over the period, and retail price inflation, which saw growth of 1.8pc, in the quarter. Howe...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date