Hedge funds in Q1 21

A record 12-month gain, a new AuM high-water mark and a rise in potential searches headline a strong opening quarter for hedge funds
April 2021

Report Overview

  • HFM’s global index gained 5.9% in Q1 2021, with three positive months
  • And its 12-month return through Q1 was over 30% – a near-term record
  • The five top-performing funds (AuM $50m+) each returned 30%+ in Q1
  • $1bn+ event-driven funds also generated notable Q1 performance (8.8%)
  • New/potential searches accounted for over 60% of Q1 investor mandates
  • Lockdown conditions look to have led to a record low for launch activity