46.13 F
London
March 2, 2024
PI Global Investments
Hedge Funds

Hedge fund CFM reports double digit returns in Stratus and Discus funds – source – 2024-01-05


LONDON, Jan 5 (Reuters) – Hedge fund CFM (Capital Fund
Management) posted double digit returns in two of its funds for
the year 2023, said a source on Friday.

The $12.5 billion hedge fund, famous for its systematic
strategies returned, last year, 14.82% in its Discus and 11.31%
in its Stratus funds, the source said.

Global hedge funds in 2023 averaged a 5.7% return in the
year through November, according to hedge fund research firm
PivotalPath. Equities and credit-focused strategies were the
best performers, while macro and managed futures lagged.
(Reporting by Nell Mackenzie, Editing by Louise Heavens)



Source link

Related posts

Hedge Funds’ Record Profits Entice Investors to Catastrophe Bonds

D.William

Hedge funds buy stocks amid ‘almost no panic’ market, says Goldman

D.William

Hedge funds owners may consider drastic measures as Orchestra BioMed Holdings, Inc.’s (NASDAQ:OBIO) recent US$60m drop adds to long-term losses

D.William

Leave a Comment

* By using this form you agree with the storage and handling of your data by this website.