2016 Hedge Fund Returns – QuantEdge Leads, Odey In Last

As perhaps the oddest year in anyone’s lifetime comes to a close – and HSBC’s Hedge Weekly issues its 53rd report in a year – the oddities found inside that report are almost as interesting as how HSBC managed to squeeze 53 issues into a year. The answer is for some reason they start with issue #2? Let’s credit that to the “magical” bulge-bracket accounting sometimes used in non-cleared derivatives income reporting that is indiscernible in the bank’s quarterly statements. Yes, 53 weekly issues to end a year pretty much sums up the 2016 hedge fund returns, and some of the…