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Hedge fund performance surprises
Hedge funds performed better than expected last year, according to the Credit Suisse Tremont Hedge Fund Index, released this week.
The index finished the year revealing a total return of 13.86 per cent.
The President of the Credit Suisse Tremont Index, Oliver Schupp, said the result was stronger than expected and had been driven by a favourable market environment.
“Record highs in global markets and mergers and acquisition activity along with a stronger than expected earnings season, a pause in the continual increasing of interest rates by the Federal Reserve, high energy prices and volatility fluctuations were positive contributors,” he said.
The Credit Suisse/Tremont Hedge Fund Index is comprised of 433 funds and includes both open and closed funds located in the US and offshore.
AUTHOR
Mike Taylor
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TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
76.97 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
76.46 3 y p.a(%)
3
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
51.13 3 y p.a(%)
4
Global X GlobalX FANG+ ETF
45.15 3 y p.a(%)
5
Select Baker steel Gold Institutional
43.78 3 y p.a(%)
