Hedge funds recorded their best first half for 2019

In June, the hedge funds recorded pretty good profits, catapulting them to the best first half of the year for the past ten years. With the rally in the stock, the trend-following strategies have begun to really pay off.

Funds rose by 5.7% in the six months from the beginning of the year to June 30, with the fund's performance index showing a 7.6% growth over the same period. Fund profits are from the trend-following strategies, with this strategy bringing the funds up 9.4% on an annual basis.

With these results, they record an excellent first half in 2019, with commodities revolving around investment in technology stocks, M & A, trend stocks, quant trade, and exposures to blockchain / cryptocurrency. Fund analysts predict that the W form of markets will continue in the second half of 2019. Market participants will position themselves tactically, looking for opportunities in leading industries and sectors.

The stronger 2019 for the funds shows a complete recovery in the industry, which has suffered a sharp downturn due to volatility in 2018. Despite their recovery, the S & P500 still outperformed their 19% profitability, including dividends.

The funds of Nelson Peltz, Train Fund Management and Bill Ackman Pershing Capital Management climbed 11.4%. Funds with fundamental strategies are up 6% this year.

Source: CNBC

Read more:

• PIMCO 2020 expectations: lagging US economy and strong EM currencies
• Liquidity: a major problem for traders in 2020
• Six reasons to remain optimistic in 2020
• The mess with the REPO market and what it is
• ETF’s: The battle of the Titans for the top spot