Event Driven Remain The Top Performing Strategies For Hedge Funds

Event driven strategies remain the top performing strategies for hedge funds so far this year as they returned 10.79%. According to Preqin’s recent report, the proportion of sovereign wealth funds with a preference for event driven strategies has shown an increase over the last year, as it increased to 35% from 27% posted last year. Event driven strategies perform well While event driven strategies garnered the top performing strategies for the year to date, long/short strategies exceeded those of event driven strategies in Q3 2013. The following table summarizes the preliminary September 2013 performance benchmarks: As is evident from the…