Macro, multi-strategy hedge funds best performers in Q1

Hedge funds with a macro or multi-strategy focus were among the best performing funds in the first quarter, shielding investors from geopolitical turmoil, high inflation numbers and shifting monetary policies, according to Preqin, a privately-held London-based investment data company that provides financial data and information on the alternative assets market.

The firm said that, in a historical context, first quarter performance was “certainly disappointing but hedge funds managed to guard investors against major pullbacks.”