The above chart represents the current Top and Bottom performing Hedge Funds of 2015 as on August 21, 2015 per the HSBC Hedge Weekly report.The average YTD return of the Top 20 funds is a little over 20% as on August 21st, among them, the top 3 performers have achieved a YTD return of no less 29% each, with Equity-Pharma-Biotech Fund Perceptive Life Sciences Offshore Fund leading the pack at 40.13% thus far.
A look at the bottom 20 performers, reveals an average net return circa -13%. This includes the bottom three performers having losses greater than -27%, with the worst performer being the Emerging/Equity-Diversified – Russian Prosperity fund standing at -43.99% YTD.
Note: After the carnage this week – we expect some dramatically different results – so stay tuned for the next update.
