Most commodity trading advisors (CTAs) have faced a challenging start to 2019. CTA indices showed some improvement in February, according to Societe Generale Prime Services indices.
Investors are looking differently at hedge funds. Only 7 per cent plan increased allocations over the next three years, according to a survey of the global alternative fund industry by EY.
Hedge fund performance recovered in September from the less than stellar returns in August, according to Preqin data. The Preqin All-Strategies Hedge Fund benchmark returned 0.14 per cent for the month.
In a sign of the times and a shift in sentiment towards hedge funds, the Hedge Fund Standards Board (HFSB) has renamed itself the Standards Board for Alternative Investments (SBAI).
Hedge funds are back in favour with investors. A 3.5 per cent increase in new inflows during 2017 is forecast in the 2017 Credit Suisse hedge fund investor survey.