Hedge Funds Rebound 5.6% In April 2026, Strongest In Decade, After March Decline

(MENAFN- ValueWalk) Hedge funds delivered a weighted average return of 5.6% in April, one of their strongest months of the decade, according to Citco's Monthly Hedge Fund Update for April 2026. The report covers the roughly $1.3 trillion in hedge fund assets administered by Citco, a fund services group that handles accounting and middle-office operations for hedge funds. Nearly 90% of funds finished April positive, a clean reversal of March that lifted the year-to-date return to 4.1%.

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Equities led, and every strategy gained Multi-strategy funds pulled in the money Trading cooled, and the data conversation heated up Read the full report

Equities led, and every strategy gained

Equity strategies posted the best weighted average return at 7%, with Global Macro funds close behind at 6%. Multi-Strategy funds returned 4.7%. The slower groups still finished in positive territory: Commodities at 2.8%, Fixed Income Arbitrage at 1.9%, and Event Driven at 1.3%. Every strategy Citco tracks gained ground in April.

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Fund size mattered, and it favored scale. Funds with more than $3 billion in assets under administration, the capital an administrator like Citco services for a manager, returned 6.7% on a weighted average basis. That was the strongest of any size bucket. The $500 million to $1 billion group returned 4.4%, and the smallest funds, those under $200 million, returned 4.1%. The result reversed the prior month, when smaller funds had held up better.

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