HSBC

Shifting Hedge Fund Leaderboard Continues As Market Correlations Diverge

As market correlations diverge, a subtle hedge fund performance shift is continuing to take place, the most recent HSBC Hedge Weekly performance report shows. The fund now at the top of the list, the $274 million Tulip Trend Fund, actually posted lower returns week-over-week but nonetheless captured the top spot.

Market correlations diverge: Certain managed futures hedge fund strategies fall 50% in value as market environments change
Last week’s fund leader, the $199 million Conquest Macro Fund, Ltd, which then posted returns . . .

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