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
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
