State Of The Hedge Fund Industry: 2022 Standouts Were Commodities, Macro

In 2022, the world started to move away from the COVID-19 pandemic, although China remained stalwart on its zero-COVID policy. With the extreme market volatility, rising interest rates, soaring inflation and concerns about a recession — both ongoing and potentially in the future — hedge fund managers have had their work cut out for them. Granted, there are some sizable dispersions in hedge fund performance through November based on the strategy employed. Commodities and global macro funds came out on top, although all sizes generated similar negative returns. Of course, a deeper dive reveals other significant trends in hedge fund…