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Hedge funds extended their June performance surge through July, once again led by Technology, AI and Growth, with gains in these areas complemented by Shareholder Activist, Financials and Commodity sub-strategies as many U.S. companies posted better than expected earnings, the U.S. Fed raised interest rates while inflationary pressures showed additional signs of easing.
Total hedge fund assets increased for the third consecutive quarter in 2Q 2023 as investors allocated new capital to Equity Hedge and Event Driven strategies, and as the Technology sectors surged driven by AI exposures, while banking and inflation risks eased.
In the week ending June 14th 2023, HFR revealed that hedge funds surged in June as Technology, AI and Growth led gains complemented by Shareholder Activist and Multi-Strategy sub-strategies as banking volatility subsided. The HFRI 500 Fund Weighte
Hedge funds surged in June as Technology, AI and Growth led gains complemented by Shareholder Activist and Multi-Strategy sub-strategies as banking volatility subsided.
Hedge funds surged in June as Technology, AI and Growth led gains complemented by Shareholder Activist and Multi-Strategy sub-strategies as banking volatility subsided.