January 2026 Preliminary Hedge Fund Performance Update

Hedge funds gained 1.65% in January 2026, led by CTA and Macro strategies, amid a risk-on global equity market that saw the S&P 500 briefly cross 7000.

Key Takeaways

• 1.Hedge funds returned an average of 1.65% in January 2026, slightly underperforming the MSCI World return of 2.26%.
• 2.CTA and Discretionary Macro strategies led performance, while Quant Equity Market Neutral was the bottom-performing sub-strategy.
• 3.The S&P 500 reached a historic milestone by briefly breaking past the 7000 level for the first time on January 28th.

Table of Contents

• JANUARY 2026 PRELIMINARY HEDGE FUND PERFORMANCE UPDATE
• JANUARY 2026 MARKET COMMENTARY
• JANUARY 2026 PERFORMANCE DISPERSION
• YTD 2026 PERFORMANCE DISPERSION
• 2026 MONTHLY FUND-WEIGHTED PERFORMANCE BY STRATEGY
• 2026 MONTHLY ASSET-WEIGHTED PERFORMANCE BY STRATEGY
• 2026 MONTHLY INDEX PERFORMANCE
• YEARLY FUND-WEIGHTED STRATEGY PERFORMANCE
• YEARLY INDEX PERFORMANCE
• 5-YEAR RETURN RISK REVIEW
• 5-YEAR CORRELATION REVIEW
• ALPHA BY STRATEGY
• CORRELATION BY STRATEGY
• January 2026 – AUM & FUND COUNT
• DISCLAIMER

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial